Peter Syregelas Settles Case at Mediation Following the Filing of a Rescission Action

May 20, 2022 Coverage
Peter Syregelas: Settled case for insurer client at mediation following the filing of a rescission action against the insured grocery store for failure to disclose the operation of a bar/gambling hall on the insured premises by another company. Insurer client paid $50,000 toward settlement with the plaintiff on behalf of […]

Peter Syregelas: Settled case for insurer client at mediation following the filing of a rescission action against the insured grocery store for failure to disclose the operation of a bar/gambling hall on the insured premises by another company. Insurer client paid $50,000 toward settlement with the plaintiff on behalf of insured. Insured’s insurance agent paid $50,000 toward collective settlement, while insured paid $130,000. May 2022.