Florida Judge Allows Insurer To Intervene, Interplead Funds In Condo Collapse Suit

Mealey's (August 2, 2021, 8:46 AM EDT) -- MIAMI — A Florida judge on July 21 granted an insurer’s motion to intervene for the limited purpose of interpleading its $1,263,400 policy limits in a consolidated class action arising from the June 24 partial collapse of a Surfside, Fla., condominium high-rise, commending the insurer “for promptly recognizing its obligation to honor its insurance agreements with those who have lost property due to this tragic event, and for promptly tendering its policy limits to those victims who have yet to be located.”...