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Day Pitney LLP
While there are other carriers who underwrite Pollution Legal Liability (PLL) coverage, in the context of its restructuring initiative, AIG has decided that it will no longer be offering PLL policies.
In the first weeks of 2016, the Travelers court revisited the May 2015 decision, and affirmed its prior findings in favor of the insurer.
Increasingly, companies are being named as defendants in putative class actions, like those brought under the Fair Credit Reporting Act and Telephone Consumer Protection Act, involving violations of statutes that contain provisions mandating certain damages or ranges of damages.
Simpson Thacher & Bartlett
Applying an exclusion for statutory violations, the Ninth Circuit barred coverage for all underlying claims, including non-statutory claims.
Whistleblower lawsuits under the False Claims Act, also known as qui tam actions, have become more common in recent years.
We are taking a closer look into insurance coverage for statutory damages under the Fair Credit Reporting Act and Telephone Consumer Protection Act.
In an issue of first impression, the Third Circuit Court of Appeals held that punitive damages awarded against an insured in a prior personal injury suit are not recoverable as compensable damages in a later breach of contract or bad faith suit against an insurer, in light of Pennsylvania's public policy that insurers cannot insure against punitive damages.
While this year's winter has been relatively mild for the East Coast, Winter Storm Jonas is expected to produce prolific amounts of snow in parts of the East, rivaling infamous snowstorms of the recent past.