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self-insured
By: Michael T. Fraser, Esq., Associate, Saxon, Gilmore, Carraway & Gibbons, P.A. The Florida Supreme Court, in Intervest Construction of Jax, Inc. v. General Fidelity Insurance Co., recently held that a third party was permitted to satisfy an insured’s self-insured retention obligation pursuant to a general liability insurance contract, thereby triggering the insurance carrier’s coverage...
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