Eleventh Circuit Affirms Surety's Rights Under Indemnity Agreement http://t.co/hlfjR37bRI
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Today, in Fidelity & Deposit Company of Maryland vs. C.E. Hall, the United States Eleventh Circuit Court of Appeals ruled that a surety, that has previously made a demand for collateral security upon its principal, which demand was refused by the principal, retains the right to settle the obligee’s claims..September 22, 2015
Just months after issuing its Carithers opinion applying an expansive view of Florida coverage law, the Eleventh Circuit Court of Appeals rendered its opinion in Pennsylvania National Mutual Casualty Insurance Company v. St. Catherine of Siena Parish and Kiker Corporation, 2015 WL 3609353 (11th Cir. 2015), which appears to expand insurance coverage for construction defects under Alabama law.June 18, 2015