Claims Administrator: Builders’ Bad Faith Action Should Stay In Federal Court

(June 1, 2021, 5:29 PM EDT) -- LOS ANGELES — A claims administration company and an adjuster accused by four homebuilders of failing to repay more than $10 million in self-insurance retention (SIR) payments made as part of homebuilder protection (HBP) policies say in a brief filed May 24 in federal court in California that the suit should not be remanded because the builders’ claims against the adjuster are subject to Illinois law, which requires them to show that any alleged misrepresentations he made about the SIR provision in the policies were material....