{"id":3124,"date":"2025-12-10T11:57:33","date_gmt":"2025-12-10T11:57:33","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/sparta-sues-pennsylvania-general-over-12-7-million-aeic-claims\/"},"modified":"2025-12-10T11:57:33","modified_gmt":"2025-12-10T11:57:33","slug":"sparta-sues-pennsylvania-general-over-12-7-million-aeic-claims","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/sparta-sues-pennsylvania-general-over-12-7-million-aeic-claims\/","title":{"rendered":"SPARTA sues Pennsylvania General over $12.7 million AEIC claims"},"content":{"rendered":"<div>\n<p>The 2007 Stock Purchase Agreement attached this 2005 deal as an exhibit and defined it as the \u201cReinsurance Agreement.\u201d SPARTA says Pennsylvania General also gave broad indemnity promises in Section 8.1 of the 2007 SPA, agreeing to indemnify and hold SPARTA\u2019s predecessor harmless from any \u201closs, cost, expense, claim, interest, fine, penalty, deficiency, obligation, liability or damage, including, without limitation, reasonable attorneys\u2019 fees, accountants\u2019 fees and other investigatory fees and out-of-pocket expenses\u201d arising out of, among other things, the failure by Pennsylvania General to perform any of its obligations under the 2005 T&amp;A Agreement and any Loss arising out of or resulting from AEIC\u2019s pre\u2011closing existence and business.\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The 2007 Stock Purchase Agreement attached this 2005 deal as an exhibit and defined it as the \u201cReinsurance Agreement.\u201d SPARTA says Pennsylvania General also gave broad indemnity promises in Section 8.1 of the 2007 SPA, agreeing to indemnify and hold SPARTA\u2019s predecessor harmless from any \u201closs, cost, expense, claim, interest, fine, penalty, deficiency, obligation, liability [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1908,263,1262,511,1907,1906,1258],"class_list":["post-3124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-aeic","tag-claims","tag-general","tag-million","tag-pennsylvania","tag-sparta","tag-sues"],"_links":{"self":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/3124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/comments?post=3124"}],"version-history":[{"count":0,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/3124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media\/3125"}],"wp:attachment":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media?parent=3124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/categories?post=3124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/tags?post=3124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}