Business insurance plan and corporate liability protection concept as a paper boat lifted away from doom with 3D illustration elements. Miami Law Firm Claims Insurer Must Defend It From Litigation Over Firm's Representation of Alleged Ponzi Schemers
This suit was surfaced by Law.com Radar. Read the complaint here.
December 28, 2022 at 10:43 AM
2 minute read
Insurance Litigation
A Miami law firm sued Security National Insurance on Friday in Florida Southern District Court for a declaration that the insurer is bound to defend and indemnify the law firm for claims arising from its representation of individuals involved in an alleged Ponzi scheme. The court case was brought by Leon Cosgrove LLP on behalf of Avila Rodriguez Hernandez Mena & Garro, which has been sued on behalf of defrauded investors.
The suit accuses Security National, an AmTrust affiliate, of wrongful declination of insurance coverage and seeks to block an attempted rescission of the insurance policies at issue. Counsel have not yet appeared for the defendant. The case is 1:22-cv-24197, Avila Rodriguez Hernandez Mena & Garro LLP v. Security National Insurance Company.
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