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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.

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