insurance lawsuit News

Penn. Court: Homeowners’ Policy Doesn’t Cover Injury From Insured’s Prank

A Pennsylvania appeals court has affirmed this month that a homeowners’ insurer has no duty to defend or indemnify in an underlying case where the policyholder’s teenage son caused an injury to a friend during horseplay. The dispute involves American …

N.Y. Court: Zurich Not Obligated to Defend Sony Units in Data Breach Litigation

A New York trial court recently ruled in a commercial general liability (CGL) policy coverage case that Zurich American Insurance Co. has no duty to defend Sony Corp. of America and Sony Computer Entertainment America in litigation stemming from the …

Commentary: Insureds’ Agreement to Read Insurance Policy

A shock wave was recently sent through the insurance agent/broker community in Connecticut. In a surprising case at the United States District Court for the District of Connecticut, O&G Industries, Inc. v. Aon Risk Services Northeast, Inc., 922 F.Supp.2d 257 …

Delaware Judge Weighs D&O Insurer’s Obligation in Oracle Settlement

Attorneys for Oracle Corp. are asking a Delaware judge to order an insurer to pay $20 million to cover attorney fees related to the proposed settlement of a shareholder lawsuit. The lawsuit challenged Oracle’s 2011 acquisition of Pillar Data Systems, …

Insurer Sued in New York for Canceling, Reissuing Flood Policies After Claim

Fidelity National Property & Casualty Insurance Co. was recently sued in a New York court over flood insurance policies. The suit alleges the insurer retroactively canceled flood policies for Dayton Towers Corp.’s residential buildings and reissued new policies with lower …

FEMA Says No Deadline Extension for Filing Sandy Flood Insurance Suits

The Federal Emergency Management Agency (FEMA) said it cannot extend the deadline for Superstorm Sandy victims who may want to file lawsuits challenging a denial or disallowance of all or part of their federal flood insurance claims. FEMA’s announcement is …

Delaware Refinery Owners Win Insurance Lawsuit

A Delaware judge has ruled for owners of the Delaware City oil refinery in lawsuit over insurance coverage involving the deaths of two workers who suffocated inside a tank. The judge granted summary judgment this week to Premcor Refinery Group, …

Washington Metro Settles Lawsuit Against Aon Stemming From 2009 Crash

The Washington Metropolitan Area Transit Authority (Metro) has agreed to settle a lawsuit against its insurance broker that stemmed from the 2009 red line crash that killed nine people. After the crash, Metro sued insurance broker Aon, which put together …

New York’s Top Court Clarifies Vandalism Insurance

The top New York court says property insurance against vandalism includes coverage for malicious damage that isn’t specifically aimed at the insured property. The ruling comes from a claim by Georgitsi Realty, owner of a four-story apartment building in Brooklyn, …

Jury Finds GEICO Must Cover Driver in Fatal Vermont Crash

A jury says an insurance company must honor the policy of a Vermont man who was convicted of murder in a drunken driving crash that killed a woman in 2010. The insurance company GEICO had filed a lawsuit in U.S. …