A debt collection firm hit with a $2 million judgment out of a class action will not be able to force indemnification from its insurer, a federal appeals court has ruled.
A split panel of the U.S. Court of Appeals for the Third Circuit upheld a finding that defendant Stevens & Ricci violated the Telephone Consumer Protection Act by sending nearly 19,000 unsolicited advertisements through fax, and under its policy with Auto-Owners Insurance Co., was not entitled to indemnification.
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