X
07Oct

Run-Off Endorsement Bars Coverage for “False Filings” Made in Connection with Construction Projects for State Agencies

Wiley Rein LLP | | Return|
Applying New York law, a New York state trial court granted an insurer’s motion for summary judgment where an insured sought coverage under a private company D&O policy for a settlement it had paid for fraudulent filings for state construction projects that were made after the policy’s run-off date.  WDF Inc. v. Zurich Am. Ins. Co., 2020 WL 5801072 (N.Y. Sup. Ct., N.Y. Cnty. Sept. 29, 2020)....
By: Wiley Rein LLP
Source Url: https://www.jdsupra.com/legalnews/run-off-endorsement-bars-coverage-for-63796/

Related

The Aftermath: Developments From The 2019 Session of The Connecticut General Assembly Affecting Employers (Part One)

The 2019 Regular Session of the Connecticut General Assembly concluded on June 5, 2019. In light of ...

Read More >

What you should do when PE firm offers to buy your business: Part 2

If you own a successful privately held business, then it is likely you have received a call from a p...

Read More >

The President’s Recent Immigration Proclamations Will Profoundly Affect Asset Management Firms and Hedge Funds

Asset management firms and hedge funds regularly employ the very best financial and quantitative ana...

Read More >

Hospitals raise legal concerns by lavishing pay and perks on staff doctors

As hospitals boost their size and power to push their profits even higher, they’re also raising ala...

Read More >

FTC and DOJ Release Draft Vertical Merger Guidelines

On January 10, the Federal Trade Commission and Department of Justice released a draft of their long...

Read More >

With Southern California Needing 1.3 Million Homes, State Attempts to Add Teeth to Housing Law

The California Department of Housing and Community Development (HCD) issued its Regional Housing Nee...

Read More >