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Availability of Other Collectable Insurance Excuses Excess Insurer’s Duty to Defend

The United States Court of Appeals for the Fourth Circuit, applying South Carolina law, has ruled that an insurer had no duty to defend an insured in a defamation action because its policy provided excess coverage, even where...more

Insured Bank’s Acceptance of Loan Payments Without Good Faith Constitutes Uninsurable Loss

The United States District Court for the Southern District of Ohio, applying Ohio law, has held that a bank’s professional liability policy afforded no coverage for an insured’s settlement of a lawsuit that sought...more

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