Magistrate Recommends Dismissing Insurers’ Coverage Dispute Over $5.6M Judgment

(June 16, 2023, 8:43 AM EDT) -- FORT PIERCE, Fla. —A federal magistrate in Florida recommended dismissal without prejudice of insurers’ declaratory judgment lawsuit disputing coverage for an underlying $5.6 million judgment entered against its insured in an underlying construction defects action, concluding that the factors in Ameritas Variable Life Ins. Co. v. Roach “weigh heavily against entertaining the Federal Declaratory Action.”...