A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover
A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover
Social Inflation Lesson: Not Settling Cost Insurer Millions in Suit by Excess Insurer
The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014 when his bicycle collided with a trailer behind a parked landscaping truck.
After all, there was some evidence that the truck owned by the Brickman Group was legally parked along the road. Also, Braswell’s helmet was cracked down the middle and the injury was to the top of his head, indicating he had his head down at the time of the accident and wasn’t looking where he was going.
Refusal to Settle for $2M Costs Ace Nearly $8M in Suit by Excess Insurer
The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014 when his bicycle collided with a trailer behind a parked landscaping truck.
After all, there was some evidence that the truck owned by the Brickman Group was legally parked along the road. Also, Braswell’s helmet was cracked down the middle and the injury was to the top of his head, indicating he had his head down at the time of the accident and wasn’t looking where he was going.