Simpson Thacher Wins Dismissal of RICO Suit in Florida
12.16.24
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Simpson Thacher secured dismissal of Chubb Custom Insurance Company from a lawsuit alleging federal and Florida RICO and negligence claims arising out commissions allegedly due an insurance agent. Plaintiff sought damages and to revoke the licenses various insurance companies.
In a December 11 ruling, Judge Rodney Smith of the United States District Court for the Southern District of Florida dismissed the complaint for failure to state a claim, a legal duty and found the claims time barred as well.
The Simpson Thacher team included Bryce Friedman, Evan Gilbert and Jane Jho.