Mealey's Insurance - Panel Partly Reverses Ruling In Coverage Suit Arising From Experimental Vaccine

Mealey's Insurance - Panel Partly Reverses Ruling In Coverage Suit Arising From Experimental Vaccine

CHICAGO - An Illinois appeals panel on March 7 found that a lower court erred in finding that a directors and officers liability insurer had a duty to indemnify its insured for a $3 million settlement with former patients who sought compensation for the insured's decision to discontinue an experimental breast cancer vaccine program, concluding that only the primary and excess health care liability insurer has a duty to indemnify the insured (Rosalind Franklin University of Medicine and Science v. Lexington Insurance Co., et al., No. 06 CH 14486, Ill. App., 1st Dist., 5th Div.).

Find full version on lexis Advance®
Access this news story on lexis.com®