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Results: 1-10 of 199

Connecticut District Court: insurer's default judgment does not necessarily preclude litigation in subrogation action
  • Locke Lord LLP
  • USA
  • July 12 2010

A Connecticut District Court recently held that plaintiffs, who brought a subrogation action to recover a judgment entered in their favor in an underlying legal malpractice action against their attorneys, were entitled to litigate coverage issues even though the attorneys' insurer obtained a default judgment against the attorneys in a separate coverage action


West Virginia Human Rights Act prohibits discrimination by insurer in the settlement of property claim
  • Locke Lord LLP
  • USA
  • July 12 2010

In a recent decision, the Supreme Court of Appeals of West Virginia concluded that the West Virginia Human Rights Act prohibits discrimination by an insurer in the settlement of a property claim


Insurers’ law firm engaged in multi-pronged legal battle against accused Ponzi artist
  • Locke Lord LLP
  • USA
  • September 8 2010

The law firm of Akin Gump Strauss Hauer & Feld, LLP is seeking to quash a subpoena from accused Ponzi schemer Allen Stanford in the U.S. District Court for the Southern District of Texas, where Mr. Stanford’s criminal case is pending


Court rules D&O policy’s Side-A benefits not property of bankrupt estate
  • Locke Lord LLP
  • USA
  • September 9 2010

A Maryland bankruptcy court has declared that Side A benefits under a D&O policy are not property of the bankrupt estate, with the result that two former executives who have been accused of making illegal payments and diverting funds from their former employer to start a new venture may be able to recoup certain defense costs


Reinsurer’s abstention motion denied: later-filed federal court action is held to be proper forum for multi-contract reinsurance dispute
  • Locke Lord LLP
  • USA
  • October 18 2010

Defendant, Clearwater Insurance Company, fka Skandia America Reinsurance Corporation ("Clearwater"), filed suit against Seaton Insurance Company and Stonewall Insurance Company ("Plaintiffs") in Connecticut Superior Court, arguing that there was no coverage under certain reinsurance agreements for Plaintiffs' asbestos claims


New Hampshire Supreme Court rules that damage to the insured’s work is not a covered “occurrence”
  • Locke Lord LLP
  • USA
  • October 18 2010

Clarifying its prior decision in High Country Assocs. v. New Hampshire Ins. Co., 139 N.H. 39 (1994), the Supreme Court of New Hampshire recently held that a CGL policy’s insuring agreement does not encompass damage to the insured’s work product


Wisconsin court: “negligent misrepresentation” claims by molestation victims against archdiocese are not covered under CGL policy
  • Locke Lord LLP
  • USA
  • December 28 2010

The Wisconsin Court of Appeals recently ruled that "negligent misrepresentation" claims against the Archdiocese of Milwaukee arising from alleged molestation by priests are not covered under the Archdiocese's CGL policy


“Bare averment” insufficient to maintain bad faith claim in New Jersey for underinsured-motorist benefits
  • Locke Lord LLP
  • USA
  • August 30 2010

A New Jersey federal judge dismissed a bad-faith claim for underinsured-motorist benefits, finding that Plaintiff's complaint lacked necessary factual support and did not rise above the level of "bare averment."


New Jersey appellate court affirms denial of coverage for attorneys' failure to disclose potential malpractice claim
  • Locke Lord LLP
  • USA
  • December 28 2010

The Superior Court of New Jersey, Appellate Division, recently affirmed a trial court's decision to deny coverage to an attorney and his law firm who had been sued in an underlying malpractice action


U.S. Supreme Court refuses to hear dispute concerning preemptive effect of New York Convention on state law barring arbitration
  • Locke Lord LLP
  • USA
  • December 29 2010

In a case we have been following on www.insurereinsure.com, Louisiana Safety Association of Timbermen Self Insured Fund v. Certain Underwriters at Lloyd’s, London, the U.S. Supreme Court declined to grant certiorari to hear a dispute between an insurance pool and its reinsurer concerning whether the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the "New York Convention") preempts a Louisiana statute that bars enforcement of arbitration agreements in insurance or reinsurance contracts