New York’s highest court just handed down an interesting decision in Fieldston Property Owners Ass’n v. Hermitage Ins. Co. The case involved an underlying suit for “injurious falsehood,” and the question of who was obligated to provide a defense – the CGL carrier, the D&O carrier, or both? The CGL policy stated that its coverage was
April 2011
Contingent Business Interruption Coverage
By Gene Killian on
Posted in Business Interruption
Here’s a pretty good article from ABC news about how contingent business interruption coverage works. There have been a lot of questions about this coverage folowing the earthquake in Japan.
More on Business Interruption Insurance
By Gene Killian on
Posted in Bad Faith, Business Interruption
In the last post, we took a look at the Dictiomatic case, in which the policyholder took a beating for overreaching on a business interruption claim. Turnabout being fair play, let’s now have a look at a recent case in which the insurance company got thumped in the business interruption arena. The case is Amerigraphics…