3rd Circuit Panel Vacates Ruling In Favor Of Insurer On Issue Of Renewal Policy

Mealey's (October 20, 2015, 10:16 AM EDT) -- PHILADELPHIA — An insurer was not entitled to summary judgment in its favor on the issue of whether it renewed an insurance policy because the insurer breached its promised by not offering the same terms in the original policy as in the renewal policy, the Third Circuit U.S. Court of Appeals said Oct. 15 in vacating a district court’s opinion (Indian Harbor Insurance Co. v. F&M Equipment LTD., f/k/a Furnival Machinery Co., No. 14-1897, 3rd Cir.; 2015 U.S. App. LEXIS 17901)....

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