Risk Management Pool Opposes Munich Re’s Bid for $300,000 in Attorneys’ Fees

TAMPA, Fla. — A risk management pool says Florida law does not authorize an award of more than $300,000 in attorneys’ fees to Munich Reinsurance America Inc. following a ruling that the reinsurer does not have to pay $1 million for settlement of an underlying lawsuit.

In a May 26 opposition filed before Judge Mary S. Scriven of the U.S. District Court for the Middle District of Florida, Public Risk Management of Florida (PRM) argued that when a plaintiff seeks both monetary and non-monetary relief, and a party makes a general offer of settlement, an award of attorneys’ fees under …