Insured's Notification Of Antitrust Violation Claim Was Timely, 6th Circuit Says

CINCINNATI - The Sixth Circuit U.S. Court of Appeals on April 30 held that a "claim" did not arise until January 2011 when the Federal Trade Commission initiated administrative and civil actions against an insured for allegedly violating Section 7 of the Clayton Act and, therefore, the insured's notification of the claim was timely, vacating a lower federal court's grant of summary judgment in favor of an insurer and remanding for further proceedings (Employers' Fire Insurance...(read more)