Iclc

February 08, 2022 | Insurance Coverage Law Center

U.S. District Judge Lewis J. Liman of the Southern District of New York said a director-and-officer liability policy required that defense costs be paid directly to counsel and did not constitute a debt that could be attached as a property interest under New York civil practice rules.

By ICLC Editors

37 minute read

February 08, 2022 | Insurance Coverage Law Center

The New Jersey Superior Court considers whether a Russian cyber-attack should be considered an "act of war" to be excluded from an all-risk property insurance policy.

By ICLC Editors

1 minute read

February 08, 2022 | Insurance Coverage Law Center

A court has ruled on the Oxford comma, finding that a policy's punctuation was not unclear and that a professional liability policy did not cover a multimillion-dollar judgment resulting from a lawsuit.

By ICLC Editors

25 minute read

February 01, 2022 | Insurance Coverage Law Center

Despite being insured by Liberty Insurance Corporation, the insureds sued Liberty Mutual.

By ICLC Editors

4 minute read

January 28, 2022 | Insurance Coverage Law Center

An insurer must defend a roofing manufacturer in litigation in which the company's roof membrane system allegedly caused additional damage to a Bronx high school.

By ICLC Editors

27 minute read

January 25, 2022 | Insurance Coverage Law Center

The 4th Circuit has ruled that damage caused by a water main break that was concurrent with a flood is subject to a flood sublimit under an "anti-concurrent" causation clause in the property policy.

By ICLC Editors

15 minute read

January 21, 2022 | Insurance Coverage Law Center

The 5th U.S. Circuit Court of Appeals in New Orleans has affirmed a lower courts decision in finding that a commercial crime insurer in an insured's suit for coverage of a multi-million dollar loss in a phishing incident was proper because the insured never "held" the funds intended for its clients, nor did it control the funds designated for them.

By ICLC Editors

14 minute read

January 14, 2022 | Insurance Coverage Law Center

The circuit court's opinion stated that Vitamin Energy carried its burden to show that it was entitled to a defense, noting that Pennsylvania law imposes a "broad duty" on insurers to defend lawsuits brought against their insured.

By ICLC Editors

17 minute read

January 10, 2022 | Insurance Coverage Law Center

The Supreme Court of Pennsylvania has ruled that a waiver signed by an insured did not waive the right to aggregate or "stack" the limits of coverage for underinsured benefits between two separate policies of insurance.

By ICLC Editors

39 minute read

January 07, 2022 | Insurance Coverage Law Center

The latest rejection of a plaintiff's claims seeking insurance coverage for business interruptions caused by COVID-19 government shutdown orders.

By ICLC Editors

21 minute read