ProgramBusiness
 
  


Loading LiveCycle Banners.
  1. News Articles
  2. Related News Articles
  3. Comments
News Article Details

Travelers Won't Have to Pay in Kickback Case

Source: AP

Back | A- | A+
 Email This     Print     Subscribe


Posted on 25 Jun 2012 by Neilson

TravelersA federal appeals court says an insurance company doesn't have to pay $1.75 million in damages as part of a settlement involving privately owned juvenile detention facilities in northeastern Pennsylvania.

Travelers Property Casualty Co. claimed it was free from paying damages under a policy held by developer Robert Mericle in a juvenile justice scandal that landed two former Luzerne County judges in jail.

The Third Circuit Court of Appeals panel agreed Travelers didn't have to pay Mericle's damages because the plaintiffs said he knowingly committed the acts that led to the suit.

Mericle built a pair of juvenile detention centers associated with kickbacks paid to two former judges. He pleaded guilty to federal charges in the case.

Mericle settled with plaintiffs for $17.75 million not tied to the insurance company dispute.


Comments

Post a Comment
If you are a Storefront / Tradingfloor user, click here to login.
Note: As a guest user, please fill out the form below to post a comment.
Post your comments here.
Name :
Email Address :
Captcha :
Comments :
Character left : 2000