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Insurance Industry NY Supreme Court Insurance Claims

Wiley Rein LLP

Coverage for Shareholder Actions Not Barred by Prior Acts Exclusion

Wiley Rein LLP on

The New York Supreme Court, Appellate Division, has held that a “prior acts” exclusion in a directors and officers policy did not bar coverage for settlements reached by the insured in two related shareholder lawsuits,...more

Rivkin Radler LLP

New York Insurance Coverage Law Update - June 2022

Rivkin Radler LLP on

In late 2016, a roofing contractor stepped through the insured’s roof resulting in damage to the roof and internal water damage. The insured did not file a claim with its property insurer until early 2018, more than a year...more

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