FCCI Insurance settles accounting malpractice suit against PwC
Clients FCCI Insurance
Jones Day represented FCCI Insurance in an accounting malpractice claim against PricewaterhouseCoopers (PwC). The action involved PwC's accounting for reinsurance events in connection with FCCI's acquisition of Monroe Guaranty Insurance Company. The claim settled on confidential terms after the defeat of PwC's summary judgment motion and after the court granted FCCI's expansive motion to compel against PwC.
FCCI Ins. Group, Inc. v. PricewaterhouseCoopers, No. 2004-CA-879 (Cir. Ct., 12th Jud. Dist., Sarasota Cty., Fla.)