Insurer:  Adjuster A Sham Defendant In Homebuilders’ $10M Bad Faith Suit

Mealey's (April 7, 2021, 12:56 PM EDT) -- LOS ANGELES — An insurer removed a lawsuit to federal court in California on April 2, arguing that homebuilders accusing two insurance companies of bad faith and breach of contract over an alleged failure to reimburse them for more than $10 million in self-insurance retention (SIR) payments made as part of homebuilder protection (HBP) policies improperly named as a defendant a man that was appointed as the third-party claims administrator (TPA) to defeat complete diversity....