BRIEF: Retired judge's insurance company not on hook for losses in land deal - Insurance News | InsuranceNewsNet

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June 30, 2014 Newswires
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BRIEF: Retired judge’s insurance company not on hook for losses in land deal

Adam Brandolph, The Pittsburgh Tribune-Review
By Adam Brandolph, The Pittsburgh Tribune-Review
McClatchy-Tribune Information Services

July 01--A retired Allegheny County Common Pleas Court judge accused of losing another county judge's money in a land investment deal cannot be covered by his insurance policy, the state Superior Court ruled Monday in backing a lower court's decision.

Senior Judge Gerard Bigley and his wife, Maureen, sued retired Judge Robert Horgos in 2011 for more than $100,000 each on counts of negligence and breach of fiduciary duty. Bigley claimed Horgos persuaded him to invest in Florida real estate, which Horgos said he could buy cheaply and sell at a significant return on his investment.

The Bigleys sued Horgos, who tried to recoup the losses from Erie Insurance Exchange.

Somerset County Judge Eugene E. Fike sided with Erie in July in denying the claim.

___

(c)2014 The Pittsburgh Tribune-Review (Greensburg, Pa.)

Visit The Pittsburgh Tribune-Review (Greensburg, Pa.) at www.triblive.com

Distributed by MCT Information Services

Wordcount:  145

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