Unless fraud or bad faith is involved, no policyholder should be expected to justify its reasons for making payments to settle litigation as a condition for making a claim under an excess insurance policy, the 9th Circuit Court of Appeals …
For the second time, a federal appellate court reversed a trial judge’s finding that a policy issued by a unit of American International Group did not limit coverage for a 2011 flood that forced the company to shut down an …
The Kanawha County Parks and Recreation Commission has settled a civil lawsuit related to a park logging operation after the 2012 derecho. The Charleston Daily Mail reports the commission voted recently to settle the lawsuit filed against David Russell Bowen’s …
The Court of Appeals of New York recently held that an excess insurer was responsible for all interest on a judgment after the primary insurer paid its policy limits. The decision offers an important ruling on the duties of primary …