Posted In: Insurance Recovery
Insurance Blog: Five Must-Haves for Avoiding Risky Disasters -- Insurance Procurement Clauses
on June 11, 2019
When drafting contracts, parties usually spend the majority of the time negotiating the warranty, project/product specification, and price provisions....
Posted In: Insurance Recovery
Insurance Blog: Insurance Cases to Watch in 2019: Update
By David Sporar on May 28, 2019
Earlier this year, the Georgia Supreme Court was poised to decide whether an insurer was put on sufficient notice of an opportunity to settle a claim within policy limits to trigger a duty to settle. In March, the Court made its decision; however, the decision appears to raise more questions than answers....
Posted In: Insurance Recovery
Insurance Blog: Sixth Circuit Holds that Multiple Sexual Assaults Constitute a Single Occurrence
By Christopher J. Carney on May 14, 2019
The Sixth Circuit Court of Appeals recently held that the sexual assault claims of three women against an independent dealer of vacuum cleaners constituted a single occurrence for insurance purposes because the company was negligent in hiring and supervising the independent dealer....
Posted In: Insurance Recovery
Insurance Blog: Wisconsin Supreme Court Apportions Defense Costs Based on Policy Limits Even Though the Duty to Defend was Breached
on March 26, 2019
The Wisconsin Supreme Court apportioned defense costs between two insurers using the pro-rata by the limits approach, even though one of the insurers had breached its duty to defend....
Posted In: Insurance Recovery
Insurance Blog: Nevada Supreme Court Finds that Insurance Company's Liability can Exceed the Policy Limit
on March 5, 2019
The Nevada Supreme Court considered the issue of "whether, under Nevada law, the liability of an insurer that has breached its duty to defend, but has not acted in bad faith is capped at the policy limit plus any costs incurred by the insured in mounting defense, or whether the insurer is liable for all losses consequential to the insurer's breach." Century Sur. Co., 2018 WL 6609591 at *1....
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