01/29/2013 04:37:01 PM EST
Judge Denies Motion To Amend, Alter Ruling Of No Errors And Omissions Coverage
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LexisNexis® Mealey's™ Daily Legal News
COLUMBIA, S.C. - A South Carolina federal judge on Jan. 25 denied a car dealership insured's motion to alter or amend a Sept. 11 order that held that underlying claims that the insured collected illegal administrative fees are not covered because the auto dealers errors and omissions liability (ADEOL) endorsement provides coverage only for damages resulting from failure to comply with a federal, state or local truth-in-lending statute (Graphic Arts Mutual Insurance Co., et al. v. Caldwell Chevrolet Inc. d/b/a Fred Caldwell's Clover Chevrolet, No. 11-01255, D. S.C.; 2013 U.S. Dist. LEXIS 10762).
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