Judge Dismisses Coverage Dispute Over $1M Settlement Of Canceled Music Festival

(August 29, 2024, 1:58 PM EDT) -- AUSTIN, Texas — Two days after the parties filed a joint stipulation of dismissal, a federal judge in Texas on Aug. 28 dismissed an insured’s lawsuit seeking coverage for an underlying $1 million class action settlement arising from the insured’s refusal to refund ticket sales for the South by Southwest festival that was canceled due to the COVID-19 pandemic....

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