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Results: 1-10 of 67

Policyholder’s bankruptcy does not relieve insurer’s obligations for “loss”

  • Wiley Rein LLP
  • -
  • USA
  • -
  • March 10 2014

The Court of Appeals of Wisconsin, applying Wisconsin law, has held that a policyholder's bankruptcy did not relieve an insurer of its obligations to

Sixth Circuit finds no bankruptcy exception to prohibition against direct actions in Tennessee

  • Wiley Rein LLP
  • -
  • USA
  • -
  • February 24 2014

The Court of Appeals for the Sixth Circuit held that no exception exists to Tennessee's general prohibition on direct actions against an insurer

Suit for misuse of investment funds does not allege act in performance of “mortgage broker services” within definition of “insured services”

  • Wiley Rein LLP
  • -
  • USA
  • -
  • October 8 2013

The United States District Court for the Northern District of Texas has held that underlying claims that the insureds misused investment

Tenth Circuit holds exclusion for claims arising out of bankruptcy or insolvency may bar coverage for claim under broker’s errors and omissions policy

  • Wiley Rein LLP
  • -
  • USA
  • -
  • September 25 2013

The United States Court of Appeals for the Tenth Circuit, applying Oklahoma law, has held that a bankruptcy or insolvency exclusion may bar coverage

Unfair Trade Practices exclusion inapplicable to claims arising under fair debt collection statutes; statutory damages covered

  • Wiley Rein LLP
  • -
  • USA
  • -
  • July 17 2013

The United States District Court for the Middle District of Pennsylvania has held that an E&O policy issued to a now-bankrupt credit counseling

Unfair trade practices exclusion inapplicable to claims arising under fair debt collection statutes, statutory damages covered

  • Wiley Rein LLP
  • -
  • USA
  • -
  • June 11 2013

The United States District Court for the Middle District of Pennsylvania has held that an E&O policy issued to a now-bankrupt credit counseling

Judgment creditor collaterally estopped by default judgment against insured

  • Wiley Rein LLP
  • -
  • USA
  • -
  • May 20 2013

The United States District Court for the Northern District of Georgia, applying Georgia law, has held that a default judgment against an insured in a

Controlling shareholder’s bankruptcy does not render entity insolvent; fraud claim uninsurable as a matter of law

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 9 2013

Applying Minnesota law, a federal district court has held that, where an entity's principal shareholder was insolvent, but the entity was not, the

Claimant may use Connecticut direct action statute to sue carrier after compromising claim with policyholder

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 9 2013

The United States District Court for the District of Connecticut has held that a settlement agreement between the claimant and policyholder satisfies

Federal court exercises jurisdiction over insurer’s declaratory judgment action arising out of FDIC demand

  • Wiley Rein LLP
  • -
  • USA
  • -
  • December 17 2012

The United States District Court for the Eastern District of California, applying California law, has concluded that it should exercise jurisdiction under the federal Declaratory Judgment Act to determine the availability of coverage for a written demand and has held that the related coverage action should not be stayed in favor of potential future underlying litigation between the Federal Deposition Insurance Corporation (FDIC) and the insureds because the outcome of the coverage litigation would not be dependent on resolution of disputed facts in such a future action