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Insured: ‘Numerous Problems’ With Court’s Refusal To Apply Collateral Source Rule

Mealey's (August 18, 2015, 9:34 PM EDT) -- ATLANTA — An insured argued July 23 that a federal district court erred in holding that it would receive a windfall double recovery from its breach of contract lawsuit against its financial services liability insurer, asking the 11th Circuit U.S. Court of Appeals to overturn the lower court’s finding that it was “inequitable” to apply the collateral source rule (MapleWood Partners, et al. v. Indian Harbor Insurance Co., No. 15-11953, 11th Cir.).

(Corrected redacted brief of appellants available. Document #13-150820-014B.)

Financial Services Liability

On Dec. 3,...
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