Markel American Insurance Company v. Sanford Schmidt et al
Case Number:
1:24-cv-07052
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
-
October 17, 2024
Markel Drops Film-Financing Scheme Coverage Spat
An Illinois federal judge dismissed a Markel unit's lawsuit against a wealth manager and his companies seeking a declaration that it didn't owe coverage, according to a notice, following the insurer's request to drop the action without precedent.
-
August 12, 2024
Markel Says No Coverage For Film-Financing Scheme Claims
A Markel unit said it has no duty to defend or indemnify a wealth manager or his companies against underlying claims that they misled investors into financing various film projects, telling an Illinois federal court that their policy bars coverage for claims arising out of the sale of securities.