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Legal News
Insurance Law
Monday, November 09, 2009
 

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BREAKING NEWS 
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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

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Insurers Owe No Indemnity For Malpractice Claims, New York High Court Says
ALBANY, N.Y. - Applying Pennsylvania law, the New York Court of Appeals ruled Oct. 20 that prior knowledge exclusions bar any duty to indemnify on the part of excess insurers with regard to professional malpractice actions against a law firm and one of its attorneys (Executive Risk Indemnity Inc. v. Pepper Hamilton LLP, et al. and Pepper Hamilton LLP, et al. v. Continental Casualty Co., et al., No. 130, N.Y. App.; 2009 N.Y. LEXIS 3911). From Mealey's Emerging Insurance Disputes

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