Verdicts & Settlements

Required Insurance Company to Represent Real Estate Homebuilder in Litigation Dispute

A dissatisfied homebuyer claiming emotional distress caused by mortgage rate information provided by a residential developer sued. But the homebuilder’s insurance company refused to provide legal representation – even though the homebuilder had paid premiums for this very type of business insurance coverage. Our business litigation attorneys filed suit to enforce the insurance policy. We won a “declaratory judgment” from the court that the insurance company should have defended the lawsuit and requiring that insurance company to reimburse the insured for the monies he paid to a lawyer and the amount the insured paid to settle the claim.
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