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Travelers Property Casualty Co. of America told a New York federal court Wednesday that manufacturer Friedrich Air Conditioning LLC and one of its parts suppliers owe the insurer more than $2.9 million for fire damage caused by a defective heating unit.
A Massachusetts hospital's owner and operator told the First Circuit that a district court wrongfully applied flooding sublimits in their suits seeking coverage from Zurich American Insurance Co. and American Guarantee and Liability Insurance Co. for damage caused by rainwater that had collected on its roof.
Endurance American Insurance Co. agreed Thursday to end its $10 million coverage reimbursement case against Under Armour Inc. related to government investigations of the sportswear maker for potential federal securities law violations.
Qdoba appealed its COVID-19 business interruption loss against Zurich American Insurance Co. to the Tenth Circuit and promptly urged the court to pause the case ahead of a potential shift in California law on pandemic-related insurance issues.