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Reed Smith on An Analysis of West American Ins. Co. v. Yorkville Nat'l Bank:Twenty-Seven Month Delay Not Unreasonable Notice According to Illinois Supreme Court

By Emily E. Garrison, associate, Reed Smith, LLP Few states follow the minority rule that an insured’s failure to give reasonable notice of a claim to its insurer will defeat the right of the insured to recover under a policy. In determining whether notice was or was not reasonable, some states...

Intellectual Property Insurance – New Appleman on Insurance Law Library Edition, Chapter 30

By David A. Gauntlett, Principal, Gauntlett & Associates A limited number of insurers have historically offered insurance coverage for intellectual property claims, initially focused on reimbursement of litigation expenses in the pursuit of patent infringement lawsuits and then expanded to their...

Permissive User Not Intended Insured of Umbrella Policy – Only Coverage for Insured Person

On October 10, 2010, Levina Rice suffered significant injuries as a passenger in a one-vehicle automobile accident in Bates County, Missouri. Rice’s son-in-law, Howard Wiebe, drove the vehicle, which was owned by Rice’s daughter and son-in-law, Sherry and Timothy Underwood. Both Wiebe and...