Parties Announce Settlement Of Suit Challenging Insurer’s Calculation Of Premiums
(May 18, 2016, 10:57 AM EDT) -- FORT PIERCE, Fla. — An insurer and its manufacturer insured on May 16 jointly moved for a federal district court to approve their settlement of a lawsuit in which the insured filed counterclaims challenging the insurer's practice of calculating premiums (Wausau Underwriters Insurance Co. and The First Liberty Insurance Corp. v. Danfoss, LLC, No. 14-14420, S.D. Fla.).
(Joint motion for approval of settlement available. Document #13-160519-022M. Order staying case available. Document #13-160519-021R.)
Wausau Underwriters Insurance Co. and the First Liberty Insurance Corp. (collectively, Liberty) are owned...