Quantcast
Home / Opinion Digests / No Diversity Jurisdiction in Insured’s Suit (access required)

No Diversity Jurisdiction in Insured’s Suit (access required)

The Richmond U.S. District Court grants insurance reciprocal’s motion to dismiss for lack of diversity homeowner’s action to recover $500,000 under a partial settlement with insured homebuilder; the weight of authority holds that a reciprocal has citizenship wherever it has policyholders. Homebuilder is insured by a reciprocal insurance exchange domiciled in Pennsylvania with policyholders in Virginia.  ...

Leave a Reply