Ace American Insurance Co. News

8th Circuit: Late Notice Barred Coverage Under ‘Claims-Made’ Policy

Ace American Insurance Co. is not liable for the approximately $250,000 that an Arkansas school district paid to settle a sexual harassment lawsuit because the district did not notify the insurer about a complaint against it until more than six …

Refusal to Settle for $2M Costs Ace Nearly $8M in Suit by Excess Insurer

The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014 when …

Court Finds Rental Contract Shifted Liability for Lift Accident to Renter

United Rentals’ insurance carrier is not liable for damages caused by an accident involving one of its electric boom lifts because the small business that rented the equipment signed a contract that, in effect, placed all of the liability on …

Judge Refuses to Dismiss Lawsuit Against Firm Fingered in 3 Boat Fires

Three times in the past four years, a small boat accessory company has had to defend itself against claims that its negligence while installing equipment caused boats to catch fire. Last week, a federal court in Orlando ruled that the …