Applying North Carolina law, a federal district court has held that an excess insurer had no duty to indemnify for a 2020 securities class action that related back to various antitrust lawsuits filed ...
The United States District Court for the District of Kansas, applying Kansas law, has held that an excess E&O insurer was required to advance defense costs where coverage under a potentially ...
Are a party's legal expenses, such as attorney's fees, considered "damages" subject to coverage under an excess liability policy? The Supreme Court of Texas ruled that a commercial insured’s legal ...
NEW ORLEANS—An excess fidelity insurer must cover all of a loss that exceeded years of primary coverage for the risk, even though none of the loss exceeded primary coverage in any policy period, a ...
The case involved A.R. Wilfley & Sons, a Colorado pump manufacturer facing decades of asbestos bodily-injury lawsuits. Wilfley's insurance was stacked in layers. At the base sat primary policies from ...
Law360 (August 10, 2023, 2:13 PM EDT) -- Hiscox has asked a California federal court for guidance on how to apportion a $5 million excess directors and officers policy among Sam Bankman-Fried and ...
In Guideone v. Systems 2000, the court reformed an excess insurance policy to remove a residential-work exclusion after finding clear evidence of mutual mistake, as both parties understood the policy ...
A business’s general liability coverage isn’t always enough to absorb a major claim. When policy limits under your business insurance coverage are exhausted, excess liability insurance can provide ...
A one-stop-shop for all small business insurance needs, NEXT continues to expand its slate of liability offerings to offer truly tailored coverage to entrepreneurs PALO ALTO, Calif., Aug. 3, 2023 ...