Issues regarding business and commercial general liability insurance coverage. Targeted tenders, insurance companies’ duty to defend the insured, indemnification, property damage insurance coverage, personal injury insurance coverage, advertising injury insurance coverage and toxic torts.
February 14th, 2008 |
Business Insurance, Insurance |
The duty owed by primary layer insurance now applies to excess insurers and a lower-tiered excess insurer owes a duty to a higher-tiered excess insurer to engage in meaningful settlement negotiations if the lower-tiered excess insurer had substantial control over the litigation over the suit at issue.
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