When disaster strikes your business or a lawsuit is filed against you in responding to the crisis, it is easy to overlook the existence of insurance that may reimburse you for the associated expenses and damages. A delay in...more
On September 23, 2019, the Seventh Circuit acknowledged a common problem with Errors & Omissions (“E&O”) insurance for professional services by finding that an overbroad breach of contract exclusion rendered coverage...more
9/28/2019
/ Appeals ,
Blue Pencil Contract Modification ,
Breach of Contract ,
Denial of Insurance Coverage ,
Design Professionals ,
Errors and Omissions Policy ,
Illusory Contracts ,
Industrial Design ,
Insurance Litigation ,
Policy Exclusions ,
Professional Services Companies ,
Reasonable Expectation of Coverage
It is rare for the federal courts of appeals to grant petitions for rehearing. See Hon. R. Arnold, “Why Judges Don’t Like Petitions for Rehearing,” 3 J. App. Prac. & Proc. 29 (2001). Current statistics are a bit hard to find,...more
On July 11, 2019, in Magnetek, Inc. v. The Travelers Indem. Co., Case No. 17 C 3173, Judge Robert Gettleman of the Northern District of Illinois issued an important decision preserving insurance coverage for a former...more