LexisNexis® Legal Newsroom
Reed Smith On The Insurance Company's Settlement Of Tort Claims: An Analysis Of In Re East 51st St. Crane Collapse Litigation

By John Berringer and Jennifer Katz, Reed Smith LLP In In Re East 51st St. Crane Collapse Litigation , the New York Supreme Court permitted the primary insurance company to enter into a settlement which clearly was not "in the best interests of the insured." That decision set an extremely...

Florida Federal Court: Pollution Exclusion Applies To Chinese Drywall Claims

Brian Margolies, Partner, Traub Lieberman Straus & Shrewsberry LLP The United States District Court for the Southern District of Florida has held on several occasions that the pollution exclusion applies to Chinese drywall claims. See, e.g., CDC Builders, Inc. v. Amerisure Mut. Ins. Co., 2011...

Virginia Supreme Court Reaffirms Ruling In Global-Warming Coverage Dispute

RICHMOND, Va. - (Mealey's) An underlying complaint alleges that damages were the "natural and probable consequence" of an insured's intentional actions, the Virginia Supreme Court said April 20, upholding its finding that a commercial general liability insurer has no duty to defend...