Reinsurers Not Liable for Defense Costs Exceeding Policy Limits July 30, 2021 By Jim Sams Two reinsurers that shared part of the risk on a $25 million umbrella policy issued to a New York manufacturer...
Unclear Policy Endorsement Makes Excess Insurer Liable for Fuel Spill December 21, 2020 By Claims Journal staff Confusing language in a policy issued by an excess insurer puts the carrier on the hook for up to $5...
2nd Circuit Throws Out $64 Million Jury Award Against Fireman’s Fund April 29, 2020 By Jim Sams A federal appellate court on Tuesday overturned a jury’s award of $64 million against Fireman’s Fund Insurance Co. for allegedly...