excess insurers News

Nevada Supreme Rejects Subrogation Bid by Excess Insurer after Nightclub Beating

Bouncers at the Marquee Nightclub in Las Vegas assaulted David Moradi and thew him out of the club after he ran up a $10,000 bar bill and got into an argument with a waitress about his credit card. Big mistake. …

Tenth Circuit Finds Oklahoma Law Doesn’t Require Excess Insurer to Proactively Seek Settlement

The Tenth Circuit Court of Appeals in SRM, Inc. v. Great American Ins. Co., 2015 WL 5011719 (10th Cir., Aug. 25, 2015), recently considered whether excess insurers, under Oklahoma law, were required to proactively initiate settlement discussions before the primary …