Yacht Brokers Say Judge Sank Coverage With Wrong Call — Insurer’s ‘Standard Setting’ Exclusion Defense Under Fire

0
115

What’s Next

The presiding district judge will review IYBA’s objections in the coming weeks. If the recommendation is adopted, IYBA may appeal, potentially setting up a circuit-level ruling on how far insurers can stretch standard-setting exclusions.

Until then, policyholders and insurers alike will be watching closely — knowing this case could shift the balance of power in coverage disputes.

United States Liability Insurance Co. v. International Yacht Brokers Assoc. Inc., case number 1:24-cv-22897, U.S. District Court, Southern District of Florida.

Signup for the USA Herald exclusive Newsletter

🛑 The assertions in the underlying lawsuit are allegations only and have not been proven in court.

🔗 Follow USA Herald on X @RealUSAHerald
🔗 Read more from Samuel Lopez at USA Herald
🔗 Support my deeper legal insights on Patreon