State Supreme Court gives Edwards Virginia Smokehouse chance to argue insurance case
The country ham and sausage made by the 90-year-old family smokehouse in
But since a fire leveled the smokehouse in
He has said the outcome of the lawsuit will decide the future of his company, and the suit has taken a big step forward.
On Wednesday, the state Supreme Court granted Edwards' motion to appeal, and will hear out the smokehouse's arguments -- provided Edwards and
Pending mediation, no hearing date has been set.
Edwards said his son was the first to tell him his case would move on to the Supreme Court. "My wife happened to be in the office, and we both yelped at the same time."
Edwards' lawsuit alleges the company provided loss assessments that were too low, and willfully left his company insured for tens of millions of dollars less than it would take to rebuild and recoup losses.
The insurance company has denied these allegations, and a lower court declined to rule in Edwards' favor in
Edwards said the Supreme Court may be called upon to clarify the relevant insurance law--and could send the case back to trial instead of ruling outright.
"The fact of the matter is it probably won't get settled til next year," Edwards said. "The argument for the case will be in the
"We're moving forward," he said. "So that's good."
___
(c)2019 The Virginian-Pilot (Norfolk, Va.)
Visit The Virginian-Pilot (Norfolk, Va.) at pilotonline.com
Distributed by Tribune Content Agency, LLC.


Clinical Workflow Solutions Market Growing at CAGR of +12% by 2023 – Know About Technology Aspects, Analysis by Regions, Future Outlook, Competitive Analysis and Key Players
Explosive Growth on Aviation Reinsurance Market Forecast Till 2025 and Know About Players Like AIG, Allianz, Global Aerospace, Axis, USAIG, MS Amlin, Berkshire Hathaway, Aviabel
Advisor News
- House panel advances CLEAR Forms Act backed by IRI
- Modifying life insurance based on evolving needs
- Gen X faces ‘pension envy’ as they head into retirement
- Your client wants to cash out an annuity. Here’s what to consider
- How student loan debt impacts 401(k) balances
More Advisor NewsAnnuity News
- A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
- AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
- OID recovers $260M in life insurance benefits
- NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE
- SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
More Annuity NewsHealth/Employee Benefits News
Life Insurance News