The United States Court of Appeals for the Second Circuit, applying New York law, has held that neither of two claims against an insured construction company fell within the scope of coverage under the company’s claims-made...more
A California federal district court, applying California law, has held that an insolvency exclusion in a bankers’ professional liability policy did not bar coverage for a lawsuit filed by a receiver against a bank, finding...more
12/14/2021
/ Ambiguous ,
Bad Faith ,
Breach of Contract ,
Conservators ,
Denial of Insurance Coverage ,
Exclusions ,
HMOs ,
Insolvency ,
Professional Liability Insurance ,
Receivership ,
Third-Party ,
Wrongful Acts
A New York federal district court, applying New York law, has held that a manager of a restaurant venture may not pursue a bad faith claim against his directors and officers liability insurer where the insurer’s coverage...more
In a case in which Wiley represented the insurer, the United States District Court for the Eastern District of Virginia, applying New York law, has held that three prior knowledge exclusions barred coverage under an...more