Beacon Accelerator Holdings et al v. Scottsdale Indemnity Company
Case Number:
9:23-cv-80202
Court:
Nature of Suit:
Judge:
Firms
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June 21, 2023
Accelerator Co. Not Covered For $2.7M Misrepresentation Suit
An insurer prevailed in a fight against an accelerator firm over a $2.7 million misrepresentation suit when a Florida federal judge agreed with the insurer that the underlying claims fall within the scope of the policy's professional services exclusion.
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April 17, 2023
Insurer Can't Duck $2.7M Suit Coverage, Fla. Court Told
An accelerator firm urged a Florida federal court to keep alive its fight for coverage for a $2.7 million suit alleging that it made misrepresentations to a client about certain financial transactions, saying its insurer hasn't proved that each underlying allegation falls entirely within a professional services exclusion.
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March 15, 2023
Firm Not Covered In $3M Misrepresentation Suit, Insurer Says
An accelerator firm doesn't have coverage for a $2.7 million underlying suit alleging it made misrepresentations to a client about certain financial transactions, its insurer told a Florida federal court, pointing to a professional services exclusion in the firm's directors and officers policy.
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February 08, 2023
Firm Seeks Coverage Of $2.7M Misrepresentation Suit
An accelerator firm asked a Florida federal court to find that its insurer must provide coverage in a $2.7 million underlying suit alleging that it made misrepresentations to a client about certain financial transactions, saying the insurer cannot rely on professional services or contract exclusions to deny coverage.