In Law Office of Drew J. Bauman v. Hanover Insurance Co., the U.S. District Court for the District of New Jersey affirmed that policyholders must allege, under New Jersey law, the.
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Three land developers cannot offset a $570,000 judgment awarded to Hanover Insurance Co. for outstanding contract balances, the Fifth Circuit ruled, affirming a lower court's holding that liquidated damages clauses in those contracts are an unenforceable penalty under Texas law.
Late notice under claims-made policyfor insureds is added to complaint- The 7th U.S. Circuit Court of Appeals, construing Illinois law, recently held that insureds under a claims-made policy had an obligation to give notice to their insurer during the policy period in which a related insured entity was sued.Hence, when.
In a recent decision, the Seventh Circuit Court of Appeals found an amended complaint filed in an underlying action was a “related claim” with respect to the original complaint filed in.