News: Cowabunga: City of Half Moon Bay Wins $10 Million In Arbitration

September 26, 2012 · News

Arbitrator Finds Insurance Coverage For Land Use Fiasco

     Famous for its big wave surfing, the City of Half Moon Bay got hit with a big one a while back, when it committed to pay $18M as a legal settlement to a private developer.  That’s a “big wave” for a city reported to have a population of 11,324 in the 2010 census.  Finding coverage for at least part of the problem, retired Supreme Court Justice, Edward Panelli, acting as arbitrator, has now awarded $10M to the City against Insurance Company of the West.  So reports Aaron Kinney on September 21, 2012, in the San Mateo County Times.

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