Page 2 - Liability Co News Today

/PRNewswire/ -- The hybrid operating room market is driven by factors such as the increasing adoption of minimally invasive surgical procedures. The market is...

/PRNewswire/ -- The hybrid operating room market is driven by factors such as the increasing adoption of minimally invasive surgical procedures. The market is...

Two insurers may not have to pay nearly $300,000 spent defending two Illinois state's attorneys in the "Englewood Four" malicious prosecution case, but the question of whether they must pay their share of a $30 million settlement remains, a federal judge held Monday.

To print this article, all you need is to be registered or login on Mondaq.com. (California Insurance Code Section 5335(b) Bars Defense of Insured for Action Brought by the Attorney Generals Office for Violation of Californias Unfair Competition Law and False advertising Law) (July 2021) - In Adir International, LLC v. Starr Indem. and Liability Co., 994 F.3d 1032 (April 15, 2021) ("AG lawsuit"), the United States Ninth Circuit Court of Appeals affirmed the district courts dism...

To embed, copy and paste the code into your website or blog: The Ninth Circuit ruled on Thursday that a California retailer must pay its own legal fees in a state consumer protection lawsuit brought against it by the California Attorney General, despite its insurer’s agreement to cover defense fees for false advertising or unfair competition claims in the insured’s policy. The retailer was also forced to pay its insurer Two Million Dollars as reimbursement for fees already expended by the i...

ADVERTISEMENT Calif. Stores Not Owed Defense Of Fraud Suit, 9th Circ. Says Law360 (April 15, 2021, 6:43 PM EDT) -- The Ninth Circuit affirmed Thursday that a California law barring insurance for unfair competition actions relieved a Starr Insurance Cos. unit from having to defend the operator of the Curacao retail chain against the states claims that it engaged in predatory business tactics, spurning the retailers argument that the law is unconstitutional. A unanimous three-judge panel of the ...

In Short The Situation: Corporate policyholders, and their individual officers and directors, often incur significant fees and costs when forced to respond to government subpoenas that may require extensive document productions and testimony.When responding to subpoenas, policyholders too often overlook whether their directors and officers ("D&O") coverage may cover costs associated with those responses. The Result: Many courts have held that a subpoena constitutes a "claim" as defined in most ...

ADVERTISEMENT ADVERTISEMENT Brooklyn Building Owner Seeks Construction Injury Coverage Law360 (January 7, 2021, 10:48 PM EST) -- The owner of a luxury Brooklyn apartment building sued Starr Indemnity and Liability Co. in New York state court, alleging Thursday that the insurer breached an insurance contract by not defending it in a construction injury suit under a $1.75 million policy. Kent Avenue Property 3 LLC is asking the court to hold that Starr is obligated to defend and indemnify it in a...

Federal Court in Georgia Applies Hoover Rule Finding that Insurers Who Sent Denial Letters Waived Right to Assert Other Coverage Defenses Later. Eight years ago in Hoover v. Maxum Indemnity Co., 730 S.E.2d 413 (Ga. 2012), Georgia’s Supreme Court cautioned insurers against the common practice of denying coverage on one ground at the outset of a claim’s investigation, and later amending or supplementing that coverage denial to assert new coverage defenses if the initial reasons for denying ...