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Judge Dismisses Claims From Former Bank Directors' Insurance-Coverage Suit
FRESNO, Calif. - A federal judge in California on March 26 dismissed the reformation and punitive damages claims from a suit in which the former directors of the failed County Bank sued Bancinsure Inc....
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Federal Judge Awards Insureds $600,000 In Suit Arising From Franchise Dispute
MILWAUKEE - A Wisconsin federal judge on March 26 entered a judgment ordering a corporate liability and directors and officers liability insurer to pay its insured $600,000 to satisfy an underlying...
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Magistrate: Engineering Firm Not Justified In Providing Delayed Notice To...
NASHVILLE, Tenn. - An engineering firm insured failed to give notice to its insurer of two incidents involving its employees as soon as practicable, a federal Tennessee magistrate judge ruled March 21,...
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Judge: Fact Issues Preclude Judgment On Breach Of Contract, Bad Faith Claims
BATON ROUGE, La. - A Louisiana federal judge on March 28 found that fact issues preclude summary judgment on whether a commercial general liability insurer breached its duty to defend insureds against...
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Federal Judge: 'The Policy Giveth And 'The Policy Taketh Away'
LEXINGTON, Ky. - A Kentucky federal judge on March 27 found that an insurer has no duty to defend or indemnify its insured against underlying allegations that it misappropriated trade secrets by...
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Complaint Fails To Trigger Advertising Injury Coverage, Federal Judge Rules
SAN FRANCISCO - An underlying complaint against an insured for copyright and trademark infringement fails to allege facts that created a potential liability for an advertising injury, a California...
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11th Circuit: Court Properly Enjoined Insurers Pursuant To First-Filed Rule
ATLANTA - The 11th Circuit U.S. Court of Appeals on March 21 found that a federal Georgia court did not abuse its discretion by enjoining insurers, pursuant to the first-filed rule, from proceeding...
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Coverage Owed For Underlying Legionnaires' Disease Suit, 11th Circuit Panel...
ORLANDO, Fla. - An insurer has a duty to defend and indemnify its insureds in an underlying wrongful death suit alleging that an individual contracted Legionnaires' disease while a guest at an insured...
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Convicted Child Molester Appeals No-Coverage Ruling To 3rd Circuit
PHILADELPHIA - Convicted child molester Gerald A. Sandusky on March 25 appealed to the Third Circuit U.S. Court of Appeals a lower court's ruling that his charity's insurer has no duty to defend him...
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Federal Judges Dismisses Insurers' Suit To Avoid Duplication Of Judicial Effort
HELENA, Mont. - A Montana federal judge on March 22 dismissed commercial general liability insurers' declaratory judgment lawsuit against The Roman Catholic Bishop of Helena, finding that "accepting...
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7th Circuit Affirms Ruling In Favor Of Professional Liability Insurer
CHICAGO - The Seventh Circuit U.S. Court of Appeals held April 2 that a professional liability insurer had no duty to defend its law firm insured because it is clear that a reasonable attorney would...
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Louisiana High Court Orders Reconstitution Of Medical Review Panel
NEW ORLEANS - The Louisiana Supreme Court on April 1 found that an appeals court erred in failing to order the reconstitution of a medical review panel (MRP) with different physician members to...
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Federal Judge Dismisses Insurer's Suit Disputing Coverage For FDIC's Claims
GAINESVILLE, Ga. - A management and professional liability insurer's declaratory judgment claim is barred by Section 1821(j) of the Financial Institutions Reform, Recovery and Enforcement Act of 1989...
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Judge Dismisses Claims From Former Bank Directors' Insurance-Coverage Suit
FRESNO, Calif. - A federal judge in California on March 26 dismissed the reformation and punitive damages claims from a suit in which the former directors of the failed County Bank sued Bancinsure Inc....
View ArticleClik here to view.
1st Circuit: AIG Must Cover Failed Bank Executives' Claims
BOSTON - The First Circuit U.S. Court of Appeals on March 20 ruled that AIG Insurance Co. - Puerto Rico (AIG) must pay attorney fees and costs incurred by the directors and officers of the failed...
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Federal Judge Awards Insureds $600,000 In Suit Arising From Franchise Dispute
MILWAUKEE - A Wisconsin federal judge on March 26 entered a judgment ordering a corporate liability and directors and officers liability insurer to pay its insured $600,000 to satisfy an underlying...
View ArticleClik here to view.
Magistrate: Engineering Firm Not Justified In Providing Delayed Notice To...
NASHVILLE, Tenn. - An engineering firm insured failed to give notice to its insurer of two incidents involving its employees as soon as practicable, a federal Tennessee magistrate judge ruled March 21,...
View ArticleClik here to view.
Judge: Fact Issues Preclude Judgment On Breach Of Contract, Bad Faith Claims
BATON ROUGE, La. - A Louisiana federal judge on March 28 found that fact issues preclude summary judgment on whether a commercial general liability insurer breached its duty to defend insureds against...
View ArticleClik here to view.
Federal Judge: 'The Policy Giveth And 'The Policy Taketh Away'
LEXINGTON, Ky. - A Kentucky federal judge on March 27 found that an insurer has no duty to defend or indemnify its insured against underlying allegations that it misappropriated trade secrets by...
View ArticleClik here to view.
Complaint Fails To Trigger Advertising Injury Coverage, Federal Judge Rules
SAN FRANCISCO - An underlying complaint against an insured for copyright and trademark infringement fails to allege facts that created a potential liability for an advertising injury, a California...
View Article