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By William T. Barker & Ronald D. Kent, Partners, SNR Denton New Jersey Manufacturers Insurance Co. v. National Casualty Co. holds that a primary insurer, sued by the excess insurer for failure to settle, is entitled to defend on the ground that...

By John Berringer and Michael DiCanio, Attorneys, Reed Smith LLP While it has long been the general rule in New York and other jurisdictions that a policyholder's settlement with a primary insurer for less than full policy limits can nevertheless...

It is unquestionably one of the most challenging issues to confront an insurer – the demand to settle a claim within the insured’s limits of liability. We all know the drill. An insurer has been defending its insured for a while. The case...

By Brian Margolies, Partner, Traub Lieberman Straus & Shrewsberry LLP In Citigroup Inc. v. Federal Ins. Co ., 2011 U.S. App. LEXIS 16316 (5 th Cir. Aug. 8, 2011 ) , the United States Court of Appeals for the Fifth Circuit, applying Texas law, considered...

IN THIS MONTH'S EDITION: Payments Made in Settlement of Bodily Injury Lawsuit Against Insured Within Primary Insurer's Policy RESPA Class Action Alleging Illegal Kickback Scheme Involving Reinsurer Dismissed Subsequent Related Claims Not...

By John Berringer and Michael DiCanio, Attorneys, Reed Smith LLP While it has long been the general rule in New York and other jurisdictions that a policyholder's settlement with a primary insurer for less than full policy limits can nevertheless...

By William T. Barker & Ronald D. Kent, Partners, SNR Denton New Jersey Manufacturers Insurance Co. v. National Casualty Co. holds that a primary insurer, sued by the excess insurer for failure to settle, is entitled to defend on the ground that...

IN THIS MONTH'S EDITION: Payments Made in Settlement of Bodily Injury Lawsuit Against Insured Within Primary Insurer's Policy RESPA Class Action Alleging Illegal Kickback Scheme Involving Reinsurer Dismissed Subsequent Related Claims...

By Brian Margolies, Partner, Traub Lieberman Straus & Shrewsberry LLP In Citigroup Inc. v. Federal Ins. Co ., 2011 U.S. App. LEXIS 16316 (5 th Cir. Aug. 8, 2011 ) , the United States Court of Appeals for the Fifth Circuit, applying Texas law, considered...

A plenary session of the ICLC conference on March 5, 2010 was devoted to the increasingly complex set of issues confronting insureds and excess insurers in large-scale, long-tail claims. It was entitled, "Knockin' on Heaven's Door: Perspectives...