The standard auto policy’s property damage coverage does not apply to third-party claims for an auto’s inherent diminished value, a federal court rules.
MA Law | Insurance Coverage Cases
Surety Recovers $250k on Personal Indemnities for Bond Payments to Claimants with No Right To Payment
A surety’s good faith payments on invalid claims did not bar it collecting on the general indemnities of the principal’s owners.
Court Nixes Extending Advertising Injury Coverage to a Trademark Infringement Suit
A federal court has decided what it called “a sophisticated insurance coverage question” involving the scope of the CGL’s intellectual property exclusion.
National Fire Obtains Reversal of a $400,000 Award against it for Attorney Fees and Interest on an Uncovered Claim
A $400,000 judgment under the supplementary payments provision of a commercial liability policy ordered reversed by the Appeals Court.
AXIS Insurance Wins Because Danvers Insured Did Not Report Prior Interrelated Claim to its Prior Carrier
An insured who did not report a claim on a prior policy loses coverage when a court finds subsequent claims have a common nexus under the policies interrelated wrongful acts provision.
