St. Paul Refuses To Pay Yacht-Maker’s $1.6 Million Settlement With Tiger Woods

This story about an insurer’s refusal to indemnify a settlement with golfer Tiger Woods caught my eye.  Note that the story doesn’t say St. Paul is denying the settlement is covered, merely that the settlement was reached without the insurer’s permission.  The Associated Press isn’t noted for picking up on coverage nuances, however, so there undoubtedly is more to it.  

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One Response to St. Paul Refuses To Pay Yacht-Maker’s $1.6 Million Settlement With Tiger Woods

  1. Shelby

    I don’t knopw anything about bymnews, but they have a story with more details on the case. (Nothing further about the insurance aspect, though.)
    http://www.bymnews.com/new/content/view/28690/56/