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No Coverage For Wrongful Acts Of Acquired Company Occurring Before Purchase - Insurance Laws and Products

The insured bank was held liable for a "nine-figure" judgment arising out of liabilities it assumed through the acquisition of another bank. ....

United States , United States District , Western District , Policy Period , Wrongful Act , Wrongful Acts ,

CA District Court Holds Insurer Must Advance Defense Subpoena Cos

CA District Court Holds Insurer Must Advance Defense Subpoena Cos
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Court Rejects Assumption that Wrongful Acts are Related Based on Inclusion in Single Complaint | Wiley Rein LLP

The United States District Court for the Central District of California, applying California law, has held that, based on the initial pleadings, it could not determine in the insurer’s. ....

United States , Wiley Rein , United States District Court , Services Professional , Central District , Wrongful Act , Policy Period , Retroactive Date , Professional Services , Wrongful Acts ,

Related Claims Provisions in Claims-Made Liability Policies: The Policy Wording Matters! | Foley Hoag LLP

Liability insurance policies are typically written on either an “occurrence” basis or a “claims made” basis. Under an occurrence-basis policy, the liability will be covered if the. ....

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Broker-Dealer Professional Liability Policy Not Implicated Where Registered Representative Was

The United States District Court for the Northern District of Illinois, applying Illinois law, has held that a registered representative was not performing Professional Services. ....

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