Southern Realty Mgmt, Inc. v. Aspen Specialty Ins. Co., et al.
(N.D. Ga, April 28, 2009)
The insurers contended that the policyholder violated the policy provisions when it concealed the sale of the subject damaged property on the proof of loss and refused to cooperate with insurers by turning over all sale documents. The court noted that under Georgia law, an insurer has a compelling interest in, and right to, an accurate proof of loss. Also, a policyholder may not unilaterally determine that some of …Continue Reading