Defense Costs News

N.Y. Court Takes Contrary Position on Insurers’ Right to Recoup Defense Costs

It has long been understood that under New York law, an insurance company may recoup defense costs paid on behalf of an insured once it has been ultimately determined that there was no coverage in connection with the underlying action, …

Judge Asked to Rule on Who Will Pay Defense Costs in N.D. Spud Suit

The two sides in a lawsuit filed by a prominent North Dakota businessman against his insurance company over defense costs in an alleged potato price fixing scheme are asking a judge to rule without the case going to trial. Ron …

North Dakota Man Suing Insurance Company Over Potato Case

A prominent North Dakota potato farmer, businessman and philanthropist who’s among a group of people accused in an alleged price-fixing scheme is suing his insurance company for failing to cover his defense costs. Ron Offutt, of Fargo, is among the …

Navigators Launches International Defense Costs Coverage

The Navigators Group Inc. has created an international defense costs policy for individual directors in the wake of developments in Australia and New Zealand. “In light of the recent Australian Institute of Company Directors (AICD) survey results and the recent …