As reported on the Hunton Insurance Recovery blog, the New York Court of Appeals held that each of several excess liability insurers can be wholly responsible for the entire extent of their policyholders’ asbestos liabilities.
As applications for unmanned aerial vehicles (UAV), also known as drones or unmanned aerial systems (UAS) increase, so do concerns about privacy and safety.
When Delaware Chancellor Andre Bouchard rejected the proposed disclosure-only settlement in the litigation arising out of Zillow’s acquisition of Trulia, there was some belief that his decision represented the death knell for these kinds of settlements in merger objection lawsuits.
Most water damage is covered in a typical homeowner’s policy.
There’s a famous (apocryphal?) story about Cato the Elder, one of the leaders of ancient Rome.
I am sure many readers saw Monica Langley’s front page Wall Street Journal article earlier this week about Salesforce CEO Marc Benioff and how he uses his position to advance social causes he favors, including most recently, his efforts to combat state legislation concerning transgender bathroom use.
Washington Appellate Court Finds No Conflict of Interest for Law Firms That Represent Insurers and Defend Insurer’s Policyholders
In a matter of first impression in Washington, the Washington Court of Appeals in a published decision, Arden v. Forsberg & Umlauf, et al., Washington Court of Appeals Division II, May 3, 2016, held a law firm with an insurer for a client may defend that insurer’s policyholder in an unrelated matter without creating a conflict of interest, or even disclosing that it also regularly represents the insurer in coverage matters.
The Colorado Supreme Court has held that an insurer had no duty to cover a settlement entered into by an insured regardless of whether the insured’s failure to obtain the insurer’s consent prejudiced it in any way.
Competitor’s Claims That Broker Engaged in Unfair Business Practices Involve Professional Services and Are Not Precluded by the “Unfair Competition of Any Type” Exclusion
Applying Massachusetts law, the United States Court of Appeals for the First Circuit has held that unfair business practices claims brought against an insured insurance broker by a competitor involved professional services within the scope of its professional liability policy and that an exclusion for “unfair competition of any type” did not apply because the allegations did not involve consumer confusion. Utica Mutual Ins. Co. v. Herbert H. Landy Ins. Agency, 2016 WL 1566644 (1st Cir. April 19, 2016).
The California Supreme Court heard oral argument recently on an issue that is important to insurance policyholders forced to sue their insurers for bad faith and punitive damages: Whether an award of attorney fees should be included as compensatory damages for purposes of calculating the ratio between punitive and compensatory damages.