In Colony Insurance Company v. Buckeye Fire Equipment Company, the insured was named a defendant in hundreds of underlying suits relating to its manufacture of fire equipment containing aqueous film-forming foam, a fire suppressant.
Category: Insurance
New York Appellate Court Addresses “Trigger of Coverage” for Asbestos Claims and Other Coverage Issues
The New York Supreme Court, Appellate Division, Fourth Department, decided an appeal from a trial court’s 2018 summary judgment ruling on a number of coverage issues arising out of asbestos-related bodily injury claims against plaintiffs Carrier Corporation and Elliott Company.
Court Holds That Insurance Producer Cannot Be Liable for Denial of COVID-19 Business Interruption Claim
After an insurance carrier denied a lawyer and her law firm’s claim for lost business income due to the COVID-19-related shutdown, she sued both her carrier and the insurance producer that procured the policy.
The Complex Insurance Coverage Reporter – September 2020
Insuring Against Climate Change:
How Traditional Insurers and Start-Up Companies are Implementing
Innovative Technologies to Address Climate Risks
MDL Panel Presented With Numerous Solutions for Handling Hundreds of Federal COVID-19 Coverage Actions
Various theories abound on how to deal with this sprawling coverage litigation. And none of them is ideal. As one counsel put it, is the litigation the nightmare or is consolidation the nightmare?
Court Addresses When Duty to Defend Ends
By: Anthony L. Miscioscia and Margo E. Meta There are certain generally held principles regarding an insurer’s duty to defend. One of these principles is that an insurer has a