Injured Linebacker Sues Two Insurers For Denying Claim

Friday, March 29th, 2019 Excess & Surplus Lines Litigation

A linebacker who once played for the Texas Longhorns is suing two insurers for their refusal to pay off a “loss of value” policy. Malik Jefferson recently filed a suit in the US District Court in Austin, naming Novae Corporate Underwriting Limited and Neon Underwriting Limited as the defendants, American-Statesman reported. He claimed that he paid the two London-based companies all the required premiums. According to the complaint, the two insurers had agreed to insure Jefferson for a loss of value up to $1.5 million and a maximum amount of $2.25 million in the event he was injured during the 2017 season at the University of Texas.


External References & Further Reading
https://www.insurancebusinessmag.com/us/news/breaking-news/injured-linebacker-sues-two-british-insurers-for-denying-claim-163502.aspx
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