High Court Refuses To Review Lawsuit Seeking $172.8M For Insurers’ Alleged Scheme

Mealey's (November 5, 2018, 1:57 PM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Nov. 5 denied an insured’s petition for writ of certiorari seeking review of the Third Circuit U.S. Court of Appeals’ dismissal of his lawsuit seeking $172.8 million in damages for claims that his insurers conspired to cause him harm by intentionally and deceitfully decreasing his policy limits (Alfred DeGennaro v. American Bankers Insurance Company of Florida, et al., No. 18-289, U.S. Sup.)....