Injured Linebacker Sues Two Insurers For Denying Claim

 Friday, March 29, 2019

 Insurance Business

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.
LitigationExcess & Surplus Lines