Bermuda-based Glencoe Insurance Ltd. is being sued in Florida regarding a claim for damage to an office building caused by Hurricane Jeanne in 2004The action was filed by Florida-registered Commerce Pointe Inc. against Glencoe Insurance at the Circuit Court of the 15th Judicial Circuit, in Palm Beach County, Florida, on January 13, 2006 and was moved to the U. S. District Court for the Southern District of Florida on February 16, 2006. The causes of action are breach of contract, and statutory bad faith.
Topics
Bermuda InsuranceKeywords
Bermuda Insurance Market Commerce Pointe