Insurer's Exclusion Bars
Coverage For Defamation
Suit, Texas High Court Says
AUSTIN, Texas - Interpreting a known-falsity exclusion to preclude coverage for an underlying defamation lawsuit against an insured corporation, the Texas Supreme Court on Oct. 30 found that the insured's knowledge is not limited to what its officers know but may include other employees' knowledge (Chrysler Insurance Co. v. Greenspoint Dodge of Houston Inc., No. 08-0780, Texas Sup.; 2009 Tex. LEXIS 874). From Mealey's Emerging Insurance Disputes
Related Court Documents on MealeysOnline: