Iclc
September 10, 2021 | Insurance Coverage Law Center
Second Circuit Reinstates Insurers' Suit Against Saudi Bank Stemming from 9/11 Terrorist AttacksThe Second Circuit has reversed a district court's decision dismissing a lawsuit filed by dozens of insurance companies against a Saudi bank alleging its "specific intent to further terrorism in the United States" in connection with the September 11, 2001 terrorist attacks on the United States.
By ICLC Editors
4 minute read
September 09, 2021 | Insurance Coverage Law Center
9/11 Structured Payment Was Not Transferable, New York Court RulesA New York court has denied a petition seeking to approve the transfer of "structured settlement payment rights" stemming from the 9/11 terrorist attacks.
By ICLC Staff Writer
4 minute read
September 07, 2021 | FC&S Insurance
Indemnity Versus Pay-on-Behalf of LanguageDiscusses which might be better, the insurer reimbursing the insured for covered damages or paying the damages on behalf of the insured.
By ICLC Staff Writer
2 minute read
September 03, 2021 | Insurance Coverage Law Center
LRN Corp. v. Markel Ins. Co.A federal court in New York denied an insurer's attempt to dismiss a coverage dispute, rejecting the insurer's contention that the individual insured directors were "necessary" parties.
By ICLC Staff Writer
11 minute read
September 03, 2021 | Insurance Coverage Law Center
Paramount Pictures Corp. v. Federal Insurance Co.Paramount Pictures is challenging the denial of coverage for losses it suffered due to filming delays during the pandemic.
By ICLC Editors
1 minute read
September 03, 2021 | Insurance Coverage Law Center
360Heros, Inc. v. Mainstreet America Assur. Co.Some examples of over-billing included an attorney billing 1.1 hours (almost $400) for calling an expert to get their tax ID number and billed over $400 for one day's meals while out of town for a settlement conference.
By ICLC Editors
1 minute read
August 31, 2021 | Insurance Coverage Law Center
NY Federal District Court: The Duty to Defend Can Be ExhaustedSome examples of over-billing included an attorney billing 1.1 hours (almost $400) for calling an expert to get their tax ID number and billed over $400 for one day's meals while out of town for a settlement conference.
By ICLC Editors
3 minute read
August 20, 2021 | Insurance Coverage Law Center
Southern Gen. Ins. Co. v. Wellstar Health Sys.U.S. District Judge Michael Brown said the insurer's response to a woman's demand letter laying down conditions for paying the claim constituted a "counteroffer," creating a jury issue of whether the carrier acted in bad faith.
By ICLC Editors
15 minute read
August 18, 2021 | Insurance Coverage Law Center
JDS Construction Group, LLC and 9 Dekalb Fee Owner LLC v. Continental Casualty Co.A court has refused to dismiss a COVID-19 business interruption insurance coverage lawsuit stating that the plaintiffs had alleged evidence of physical loss or damage, which is covered under the policy.
By ICLC Editors
1 minute read
August 17, 2021 | Insurance Coverage Law Center
Always Smiling Productions LLC. v. Chubb National Insurance Co.Michael Miguel, Principal at McKool Smith and Micah E. Skidmore, partner in Haynes Boone's Insurance Recovery Practice Group, comment on the recent case of first impression filed by the producer of The Morning Show against its insurer, Chubb.
By ICLC Editors
1 minute read
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