Feldman Shepherd Sues Its Insurer for Coverage of $565K Legal Mal Settlement
Allied World alleged in counterclaims that Feldman Shepherd retained defense counsel and reached the settlement without the insurer's consent.
June 24, 2024 at 05:12 PM
4 minute read
What You Need to Know
- Feldman Shepherd is suing its insurer for allegedly failing to fund a $565,000 legal malpractice settlement the firm reached with a former client.
- The firm claims the insurer breached its duty to defend and indemnify the firm under its professional liability policy.
- The insurer filed counterclaims alleging that the firm retained counsel and settled the matter without its consent.
Feldman Shepherd Wohlgelernter Tanner Weinstock Dodig is accusing its insurer of refusing to pay for a $565,000 legal malpractice settlement that the Philadelphia personal injury firm reached with a former client.
Feldman Shepherd recently filed suit against Allied World Insurance Co., alleging that the company left the firm to defend itself against the professional liability claim and then failed to fund the resulting settlement.
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