A Second Circuit panel on Monday questioned the extent to which an underlying complaint's factual background fell within an exclusion barring coverage for the complaint's central allegations, in a dispute over claims by an ailing Florida landowner that his own attorney improperly served as his counterparty in a $12 million land deal.
An injured plaintiff's roughly $30 million jury award over a 2012 car accident cannot be trimmed by his $4 million settlement with his own auto insurer under Florida's "collateral source of indemnity" statute, the Florida Supreme Court unanimously ruled Thursday, finding the settlement didn't qualify as such a "collateral source."
A Georgia-based sperm bank and related entities cannot get coverage over claims that a donor's genetic abnormalities were passed down to clients' children, the sperm bank's excess insurer told a Georgia state court, arguing that the sperm bank knew of the claims before it purchased the excess policy.
A pair of AIG units must defend an oil company facing two lawsuits alleging it knew its sale of petroleum products would contribute to climate change, the company told a Hawaii federal court, arguing the suits are also "replete" with allegations of nonintentional conduct.
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