Certain Underwriters at Lloyds, London v. Anchor Insurance Holdings, Inc. et al
Case Number:
8:21-cv-00370
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Firms
Companies
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March 02, 2023
Holding Co. Seeks Payment Stay In Suit Pending Appeal
A holding company asked a Florida federal court to pause execution of a judgment in a misrepresentation lawsuit allowing a Lloyd's unit to rescind a policy and collect reimbursement for defense costs, saying the judgment should be halted while the Eleventh Circuit determines whether it has jurisdiction over the company's appeal.
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December 20, 2022
Holding Co.'s Policy Revoked Over Misrepresentations
Lloyd's of London underwriters will be allowed to rescind a policy issued to a holding company after a Florida federal judge agreed that the company made misrepresentations on its policy application, determining that the company had prior knowledge of potential claims against it.