Chubb, Homeowners Settle High-Dollar Suit over Ohio Mansion Fire
A dispute over a multi-million-dollar insurance claim for a suburban Cincinnati mansion that burned down in 2014 has settled weeks before a trial was scheduled to start.
A federal court filing says attorneys for Jeffrey and Maria Decker and their insurer informed the judge the matter was settled, but the document doesn’t offer details.
The settlement hasn’t been finalized.
The Deckers sued Chubb National Insurance Co. after it declined to pay their $14 million claim for the fire at their mansion in Indian Hill, which had nearly 15,000 square feet of living space.
They originally sued Chubb for nearly $60 million saying the insurer didn’t honor their claims. The lawsuit filed in February 2015 sought more than $14 million for breach of contract and more than $44 million for damages including financial loss of policy payments.
Chubb countersued in April 2015, accusing the Deckers of intentionally misrepresenting information during the investigation. It sought repayment of $700,000 from the Deckers.
The Deckers, who were not at home at the time of the fire, say they cooperated with the investigation.
Investigators have not determined the cause of the blaze.