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Where Policy Contains no Duty to Defend, Reasonableness of Insurer's Decision to Withhold Consent to Settlement Judged from Insurer's Perspective | Wiley Rein LLP

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In answering a certified question from the Ninth Circuit, the Arizona Supreme Court has held that, where the policy contains no duty to defend, the objective reasonableness of an insurer’s decision to withhold consent to settlement is judged from the perspective of the insurer.
The insured, a publicly traded higher-education service provider, had coverage under a directors and officers (D&O) liability policy. A class action was filed against the company after public allegations arose that it had backdated stock options for corporate executives. The insured settled the claims while an appeal was pending before the Ninth Circuit. Coverage litigation ensued after the carrier refused to consent to the settlement. ....

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The Reasonableness of an Insurer's Decision to Withhold Consent to Settle is Assessed from the Insurer's Perspective, Not the Insured's | Jones, Skelton & Hochuli, P.L.C.

Apollo Education v. National Union Fire Ins. Co.
Arizona Supreme Court
February 17, 2021
Apollo operates several universities in various countries. National Union insured Apollo’s directors and officers under a directors and officers’ liability policy. The policy included no duty to defend the insured if sued. Instead, Apollo would defend itself against any claims. Correspondingly, the policy contained no clause requiring the insured to cooperate with a defense provided by National Union. The policy also required the insured to obtain the insurer’s consent before admitting liability, settling, stipulating to any judgment or incurring defense cost; and required that the insurer “shall not [ ] unreasonably withh[o]ld consent.” ....

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Liability Policies With "Virus" Exclusions May Not Protect Businesses From COVID-19 Related Claims | Chartwell Law

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As the incidences of infection exponentially grow, we anticipate that many businesses, particularly service industries, would likely face a surge of claims from clients, members of the public, and their employees for the negligent transmission of COVID-19 or the failure to adequately protect them from contracting COVID-19. In turn, these businesses would look to insurers for coverage for COVID-19 or other communicable infection-related claims.
However, to avoid coverage for claims for the transmission of, or exposure to communicable diseases, many insurers have included a communicable disease or virus exclusion in a standard homeowner policy or commercial general liability policy. The language and clauses used in those exclusions are key to an understanding of whether coronavirus related losses will be covered under these policies. ....

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