"SMART will continue to assert it is authorized and appropriate to continue to build pathways connecting our stations along the SMART rail corridor," said Eddy Cumins, general manager of the agency.
Directors and officers (D&O) and errors and omissions (E&O) policies often contain “capacity” limitations, which restrict coverage to claims against the insured alleging acts undertaken.
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.
A Detroit nightclub's insurer asked a Michigan federal court Tuesday to grant it an early win in a coverage dispute over claims that a security guard assaulted two patrons, arguing that the event did not constitute an occurrence and that several policy exclusions relieve it of its coverage obligations.
Associated Industries Insurance Co. told a Florida federal court on Thursday that it has no duty to defend or indemnify a California law firm, its founding member and the firm's predecessor entities in suits accusing them of engaging in a scheme to entice timeshare owners to breach their contracts.