The Supreme Court of California has ruled that a homeowners association cannot sue State Farm over a claim related to the Northridge earthquake while it keeps a previous settlement with the insurer. The unanimous decision means the Village Northridge Homeowners Association will need to give back its previous settlement with State Farm and rescind a release it signed with the insurer in order to sue it for allegedly underpaying and misrepresenting policy limits, according to court documents.
Northridge Quake Victims Can't Sue And Keep Settlement, Too
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