No, Virginia, There Is No Greenhouse-Gas Clause

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In This Issue:

- Recent Decision – U.S. District Court Limits Coverage Available Under Employment Practices Liability Policy

- Eleventh Circuit Upholds Trial Court Ruling that D&O Policy Does Not Cover Costs of Informal SEC Investigation

- Deepwater Horizon: Federal Judge Rules BP Is Not an Additional Insured - Idaho Federal Court Rules that Administrative Proceedings Initiated by PRP Letters Constitute “Suits” Under Primary Comprehensive Liability Policies, Triggering the Duty to Defend, and RI/FS Costs are “Defense Costs”

- Magistrate Judge Recommends Allowing 9/11 Insurers’ Default Judgment Against Al-Qaeda

- Greenberg Sues New York Fed and AIG Over Government Takeover

- Florida Federal Court Holds Pollution and Bacteria Exclusions Do Not Bar Liability Coverage for Legionnaire’s Disease

- OIC and The London and Overseas Insurance Company Limited Scheme of Arrangement Increases Dividend to 55%

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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