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Certain Underwriters at Lloyds, London v. Block Multifamily Group, Ltd.

Court: ND Tx  06/21/2021  District Court Remands Lloyds Lawsuit for Insufficient Amount in Controversy

The district court adhered to prior controlling authority and found that the insured had to show an amount-in-controversy of at least $75,000 with respect to each of 1,600 "Names" subscribing to a Lloyd's-based insurance policy in order to establish diversity jurisdiction. Because the insured could not do so, the case was remanded to state court.

commercial property insurance policy, appraisal, appointment of umpire, removal, diversity jurisdiction, motion to remand, Lloyd's, names, amount in controversy, lead underwriter, individual underwriter

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