Associated Industries Insurance Co.'s lawsuit seeking to avoid coverage of a man's injuries following an altercation at a gas station may remain in federal court, a Louisiana federal judge ruled, finding that his $42.5 million pre-suit settlement demand demonstrates that the insurer cleared the $75,000 amount-in-controversy threshold.
Great American Alliance Insurance Co. has no coverage duties to two companies facing a personal injury suit over a shooting at an apartment complex, a Georgia appeals court affirmed, finding that the insurer's reservation of rights letters contained enough specificity on what provisions in GAAIC's policy barred coverage.
OneBeacon Insurance Co. must contribute its share of a $35 million settlement paid by excess insurer Fireman's Fund Insurance Co. to release itself from an insolvent mining company's asbestos exposure liability, the Second Circuit affirmed Thursday, finding that the below-limits settlement nonetheless triggered OneBeacon's reinsurance obligations.
The Wisconsin Supreme Court appeared uncertain Monday on the extent a construction project can be considered an "integrated system" during oral arguments for a coverage dispute over a leaky residential pool complex, a case that could have wide-ranging coverage implications for contractors in the Badger State.
A Chicago sushi restaurant urged an Illinois federal court to deny Society Insurance's bid to avoid coverage of a proposed class action accusing the restaurant of fraudulently mislabeling some of its offerings in place of cheaper, inferior fish.