Thursday, June 28, 2012

Travelers Insurance Wins in Court !

A federal appeals court said an insurance company doesn’t have to pay $1.75 million in damages as part of a settlement involving privately owned juvenile detention facilities in northeastern Pennsylvania.

Travelers Property Casualty Co. claimed it was free from paying damages under a policy held by developer Robert Mericle in a juvenile justice scandal that landed two former Luzerne County judges in jail.

The Third Circuit Court of Appeals panel agreed last Thursday Travelers didn’t have to pay Mericle’s damages because he knowingly committed the acts that led to the suit. Read more...

(Ref: Insurance Journal, June 25, 2012)

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