A federal court has found no coverage for a $42 million whistleblower settlement due to the insured’s failure to timely report the claim to its carrier. PAMC, Ltd. v. National Union Fire Insurance Company of Pittsburgh, Pa.,...more
2/26/2019
/ Department of Justice (DOJ) ,
False Claims Act (FCA) ,
Health Insurance ,
Insurance Claims ,
Medicaid ,
Medicare ,
National Union ,
Qui Tam ,
Settlement Agreements ,
Statute of Limitations ,
Whistleblowers
Willful misconduct is uninsurable. It is a fundamental principle of insurance, and it makes sense to both the lay and the lawyerly. But few states go as far as to codify this principle in the insurance code. California is an...more
4/3/2017
/ AIG ,
Denial of Insurance Coverage ,
False Claims Act (FCA) ,
Insurance Industry ,
Insurance Litigation ,
Liability Insurance ,
Office Depot ,
Policy Exclusions ,
Public Policy ,
Qui Tam ,
Whistleblowers ,
Willful Misconduct
A federal court has ruled that a whistleblower suit under California’s False Claims Act alleged a “willful act” that cannot be covered by liability insurance.
In Office Depot Inc. v. AIG Specialty Insurance Company, Case...more