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When Are Insurance Code Chapter 542 Penalties Not Owed? | Zelle LLP - Vimarsana News

When Are Insurance Code Chapter 542 Penalties Not Owed? | Zelle LLP

There are a litany of deadlines an insurer must be mindful of, and this is especially true in Texas, which imposes a number of statutorily prescribed deadlines during the claim...

9th Circ. Rules Oil Co. Can't Get $1M Spill Covered - Vimarsana News

9th Circ. Rules Oil Co. Can't Get $1M Spill Covered

ADVERTISEMENT ADVERTISEMENT 9th Circ. Rules Oil Co. Can't Get $1M Spill Covered Law360 (April 20, 2021, 4:34 PM EDT) -- The Ninth Circuit has freed Bitco General Insurance Corp. from having to cover a Montana oil company's $1 million cleanup costs for an oil spill, finding that the company failed to allege that the policy's pollution damage exclusion is ambiguous. In an unpublished decision Monday, a three-judge panel upheld a lower court's ruling by finding that the policy's pollution-caused property damage exclusion clearly bars coverage for J. Burns Brown Operating Co.'s pollution cleanup...

Source: law360.com