The United States District Court for the District of New Jersey, applying New Jersey law, has held that an insurer does not need to cover more than $480,000 that an insured transferred pursuant to fraudulent instructions. The...more
The United States Court of Appeals for the Ninth Circuit, applying California law, has held that an excess insurer could not second-guess the payment decisions of underlying insurers absent a showing of fraud or bad faith, or...more
10/5/2020
/ Consumer Insurance Products ,
Denial of Insurance Coverage ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Liability Insurance ,
Insurance Claims ,
Insurance Litigation ,
Labor Law Violations ,
Policy Terms ,
Scope of Coverage ,
Settlement Agreements