Directors and officers liability insurance policies often contain exclusions for losses related to criminal or deliberately fraudulent activities. Such exclusions usually are limited to circumstances in which the fraud or crime is finally adjudicated. The path from initial allegations to …
Key Takeaways The Pennsylvania Supreme Court declined to exercise jurisdiction over all COVID-19 insurance coverage litigation. The decision relates to an application for extraordinary relief from a Pittsburgh-based restaurant seeking coverage for business income losses allegedly triggered by the COVID-19 …
Sapa Extrusions purchased 28 insurance policies from eight carriers, but not one of them would reimburse the manufacturer for the cost of a settlement it paid after being sued for shoddy workmanship. A federal appellate court, however, has cleared the …
Pennsylvania’s highest court is upholding a decision that reduced a jury award for a girl who was run over by a school bus in suburban Philadelphia from $14 million to $500,000. The Supreme Court on Wednesday said the $500,000 cap …
Recently, the Pennsylvania Supreme Court held that the insured’s eight month delay in providing notice of the involvement of a phantom vehicle in an accident violated the policy’s notice requirement, voiding UM coverage without it showing of prejudice to the …
Pennsylvania’s highest court is handing the Corbett administration a major victory in a dispute over a malpractice insurance fund. The state Supreme Court’s Wednesday decision overturned a Commonwealth Court ruling ordering the state to transfer hundreds of millions from its …