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Liberty Mutual compels consumer to pay $411k in surety bond struggle

whysavetoday by whysavetoday
August 3, 2025
in Insurance
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Liberty Mutual compels consumer to pay $411k in surety bond struggle
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The defendants appealed, however the appellate courtroom affirmed the decrease courtroom’s resolution. The judges pointed to New York legislation, which says a surety is entitled to indemnification upon proof of fee—except the fee was made in unhealthy religion or was unreasonable in quantity. On this case, Liberty Mutual submitted the indemnity settlement, paperwork exhibiting the bonds have been issued, information of funds to claimants, and an affidavit from a regional vp with an itemized listing of funds. The courtroom discovered this proof enough. The defendants, in the meantime, failed to boost any factual dispute.

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Tags: 411kBondClientcompelsfightLibertyMutualPaySurety
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