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Results: 11-15 of 15

First Circuit holds no coverage under E&O policy for agency's breach of exclusivity clause
  • Wiley Rein LLP
  • USA
  • July 20 2007

The United States Court of Appeals for the First Circuit, applying Massachusetts law, has held that coverage was not available under an insurance agent and broker E&O policy for an arbitration award assessed against a policyholder for its breach of an agency agreement because the claims at issue arose out of the policyholder's ordinary business decisions rather than from its exercise of professional skills


Declaratory judgment action dismissed due to insureds’ failure to comply with ADR clause
  • Wiley Rein LLP
  • USA
  • August 21 2012

Applying California law, the United States District Court for the Central District of California has dismissed a declaratory judgment action on the grounds that the insureds failed to comply with policy conditions requiring the insureds to pursue alternative dispute resolution prior to filing a judicial proceeding


Overlapping prior claim not barred by prior and pending litigation exclusion
  • Wiley Rein LLP
  • USA
  • October 11 2012

The United States District Court for the Southern District of California has determined that “prior and pending,” specific matter and application exclusions in the second of two successive professional liability policies did not bar coverage for arbitrations having partial overlap with a claim made against the insured broker-dealer prior to the inception of the policy


Claimant is collaterally estopped from asserting that arbitration award triggers coverage under lawyers professional liability policy
  • Wiley Rein LLP
  • USA
  • December 10 2010

The Court of Appeals of North Carolina has held that a claimant is collaterally estopped from asserting that an arbitration award triggers coverage under an insured's lawyers professional liability policy where the arbitration award found the insured liable solely in his capacity as a fund manager


Court holds defense costs outside policy limits
  • Wiley Rein LLP
  • USA
  • June 1 2010

The U.S. District Court for the Southern District of California, applying California law, has affirmed an arbitration ruling that defense costs paid by an insurer on behalf of an insured under a business management and indemnity policy did not erode the policy’s $1 million limit of liability