A recent ruling by a Connecticut federal judge has prevented an insurer from avoiding an attorney’s demand for coverage. The demand relates to an alleged scheme involving the theft of $1.4 million from a New Jersey development company. The case is ongoing, and the judge’s decision ensures the insurer must continue to address the claim for coverage.
The ruling keeps the matter active, compelling the insurer to engage with the allegations of financial misconduct and the associated insurance claim. The case is a reminder of insurers’ responsibilities in complex financial disputes.
