Mealey's Insurance - Judge Orders Signatory To Indemnify Surety, Finding No Bad Faith

Mealey's Insurance - Judge Orders Signatory To Indemnify Surety, Finding No Bad Faith

FLINT, Mich. - A signatory to an indemnity agreement is obligated to indemnify a surety for amounts it paid under a series of bonds, a Michigan federal judge ruled April 16, finding no merit to the defendant's arguments that he was not a proper party to the agreement or that the surety paid the amounts in bad faith (Lexon Insurance Co. v. Aziz Naser, No. 4:12-cv-13218, E.D. Mich.; 2014 U.S. Dist. LEXIS 52490).

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