Please ensure Javascript is enabled for purposes of website accessibility
Home (page 4)

Tag Archives: Insurance

Exclusion bars coverage for employee’s dishonest conduct (access required)

Where the construction company’s employee engaged in “unlawful and criminal” conduct by allegedly altering and destroying a subcontract, coverage was barred by a fraudulent, dishonest or criminal act exclusion in the crime policy. Background Heartland Construction Inc. or HCI, filed ...

Read More »

Failure to join indispensable parties results in dismissal (access required)

Where an underwriter failed to join other necessary and indispensable underwriters to its suit over whether event cancellation insurance policies provided coverage for events canceled because of COVID, and the addition of those parties would destroy jurisdiction, its suit was ...

Read More »

COVID closures not covered by policy (access required)

An insurance company’s motion for summary judgment was granted after a federal judge ruled that the insurance policy as written did not cover losses related to closures caused by COVID-19 orders. The plaintiffs sought nearly $11.5 million in “business interruption ...

Read More »

Summary judgment denied on Miller Act claim (access required)

Where a prime contractor and its insurer argued a subcontractor’s claim for delay damages was foreclosed by the government’s decision, but the prime contract allowed the prime contractor to appeal that decision and seek additional compensation from the government for ...

Read More »

Policy doesn’t apply to closures caused by COVID orders (access required)

Where businesses sought insurance coverage for losses related to the partial suspension of their operations, as well as the costs of remediating the threat of COVID-19, the carrier prevailed because a communicable disease caused by a virus does not fall ...

Read More »

Multiple mediations resolve claims of manipulated accounts, embezzlement — $18.7M settlement (access required)

Type of action: Insurance coverage Injuries alleged: Financial losses of approximately $15 million due to misconduct of a senior collections manager Name of case: The Brink’s Company v. Certain Underwriters at Lloyd’s London Subscribing to Policy No. B0901/LI1831111 Court: United ...

Read More »