Professional Liability Blog
August 27, 2015
I Want My Money Back: Fraud by Insured Results in Rare Attorney’s Fee Claw-Back Award for Insurance Company
They say fraud doesn’t pay—or, at least they say that about crime. Anyway, it sure didn’t pay in the case of Protection Strategies, Inc. v. Starr Indem. & Liab. Co., in which the U.S. Court of Appeals for the Fourth Circuit agreed that an insurance company should get its money back from the company it insured.