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Funds received via third-party indemnity can be used to satisfy a self-insured retention under Florida law. Also, policy language at issue governing transfer of rights does not abrogate the “made whole doctrine.”

Company A was not an additional insured under the policy of Company B, but the subcontract gave A the right to contractual indemnity in the event of negligence of B. A’s insurance policy had a $1 million SIR. Case Law Alerts, 2nd Quarter, April 2014

Shareholder cannot assert individual claim against the corporation and/or a corporate officer if claim is dependent upon and/or derivative to the corporation’s injuries.

The plaintiff brought an individual action against the defendant and Milestone Ranch (the corporation for which the plaintiff and the defendant were the sole shareholders, directors and officers) alleging that he sustained damages fr Case Law Alerts, 2nd Quarter, April 2014