Southern District Finds That Exclusion In HO3 Form Precludes Coverage Even Though Form Inadvertently Omitted From Copy Of Policy Sent To Insured-
Scottsdale Insurance Company issued a homeowner’s policy to 232 Dune Road...more
3/29/2023
/ Breach of Contract ,
Covenant of Good Faith and Fair Dealing ,
Denial of Insurance Coverage ,
Failure To Pay ,
Good Faith ,
Homeowners ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
New York ,
Non-Payment Clauses ,
Premiums ,
Property Insurance
Burlington Insurance Company issued primary policies to a contractor in 2013-14 and 2014-15, and Century was the excess insurer for 2013-14. The contractor was sued for property damage resulting from its construction work...more
12/29/2022
/ Breach of Contract ,
Embezzlement ,
Excess Policies ,
Good Faith ,
Homeowners ,
Insurance Industry ,
New York ,
Pro Rata Allocation Rule ,
Property Damage ,
Repairs ,
Time-Barred Claims
New York Court of Appeals Holds That Disgorgement Payment Under SEC Settlement Not Excluded As A Penalty Imposed By Law-
The Securities and Exchange Commission (SEC) alleged that Bear Stearns facilitated late trading and...more
12/29/2021
/ Bodily Injury ,
Commercial Leases ,
Default ,
Disgorgement ,
Homeowners ,
Insurance Industry ,
Landlords ,
Mortgages ,
New York ,
Securities and Exchange Commission (SEC) ,
Tenants ,
Wrongful Acts
ADDITIONAL AND NAMED INSUREDS/PRIORITY-
Court Rules “C/O” Company In Contract Not An Additional Insured-
A construction worker sued Blue Woods Management Group, Inc. alleging that he was injured while working...
...more
1/29/2021
/ Asbestos ,
Assault ,
Auto Insurance ,
Bodily Injury ,
Declaratory Judgments ,
Default Judgment ,
Denial of Insurance Coverage ,
Duty to Defend ,
Estoppel ,
General Contractors ,
Homeowners ,
Hostile Environment ,
Independent Contractors ,
Insurance Industry ,
New York ,
Proof of Loss ,
Property Owners ,
Public Housing Authorities ,
State Farm ,
Uninsured and Under-Insured Motorists
C&S Franklin Realty (a landlord) filed a declaratory judgment action against the insurer of C&S’s tenant (a nightclub), seeking additional insured coverage for an underlying personal injury action alleging a slip and fall on...more