1st Circ. Upholds $3M Award For Plumbers Benefit Fund
By Aaron Leibowitz ( January 17, 2019, 6:23 PM EST) -- The First Circuit upheld a district court ruling that Scottsdale Insurance Co. must pay $3 million to a Rhode Island plumbers pension fund to satisfy a ruling against a real estate investment fund insured by Scottsdale for allegedly mismanaging the pension fund's investments, saying Wednesday that exclusions in the company's policy do not exempt it from coverage....
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