Feb. 16, 2017, 3:52 pm by Alan J. Keays
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An insurance company is firing back at Jay Peak owner Ariel Quiros, disputing his claim that it has to fund his defense that tops $2 million as he fights off investor fraud lawsuits.
And, in a twist, Ironshore Indemnity Inc. is asking a judge to force Quiros to pay for its cost of defending itself from the lawsuit the Miami businessman brought seeking the coverage.
“Quiros is not entitled to relief to the extent he seeks coverage for self-dealing or fraudulent acts under the Policy,” Joseph G. Galardi, a Florida attorney representing the insurer, wrote in a recent filing.