Posts tagged Loss.
Insured Bank’s Acceptance of Loan Payments Without Good Faith Constitutes Uninsurable Loss 
Insured Bank’s Acceptance of Loan Payments Without Good Faith Constitutes Uninsurable Loss 
Settlement of Merger Objection Litigation is Not Covered “Loss”
Settlement of Merger Objection Litigation is Not Covered “Loss”
Coverage for SXSW Refund Lawsuit Barred by Contract Exclusion
Coverage for SXSW Refund Lawsuit Barred by Contract Exclusion
Over $141 Million in Trading Losses for Illegal Trade Deemed “Direct Financial Loss” for “Malicious Act”
Over $141 Million in Trading Losses for Illegal Trade Deemed “Direct Financial Loss” for “Malicious Act”
Policy Requires Allocation of Defense Costs Based Upon Parties’ Relative Legal Exposure
Policy Requires Allocation of Defense Costs Based Upon Parties’ Relative Legal Exposure
$140 million SEC Disgorgement Payment Not a “Penalty” and Insurable Under New York Law
$140 million SEC Disgorgement Payment Not a “Penalty” and Insurable Under New York Law
Sixth Circuit: No Coverage for Defense Costs Resulting from Qui Tam Action
Sixth Circuit: No Coverage for Defense Costs Resulting from Qui Tam Action
Written Consent Must be in Writing: Insured Breaches Consent Requirement and Loses Coverage
Written Consent Must be in Writing: Insured Breaches Consent Requirement and Loses Coverage
"Inadequate Consideration” Provision Bars Coverage for Securities Fraud Settlements
"Inadequate Consideration” Provision Bars Coverage for Securities Fraud Settlements
Coverage for Suit Arising from Settlement of Previous Litigation Not Barred by Prior and Pending Proceeding Exclusion
Coverage for Suit Arising from Settlement of Previous Litigation Not Barred by Prior and Pending Proceeding Exclusion
Billing Fraud Penalties Do Not Constitute “Damages” Under Professional Liability Policy
Excess Insurer Not Bound by Primary Insurer’s Payment of Uninsurable Disgorgement Settlement
Attorneys’ Fees Awarded Pursuant to Statute Are Not “Damages”
Law Firm’s Dispute Over Contingency Fee Does Not Involve Covered Loss
Negligent Supervision of Funds Exclusion Bars Coverage for Trust Investment Losses
Disgorgement of Profits Realized by Insured’s Customers is a Penalty, Not Insurable Loss
Lawsuit Arising Out of Attorney-Client Fee Dispute Did Not Seek “Damages”
Court Finds Insurer Entitled to Recoupment, Declines to Follow ALI Restatement on the Law of Liability Insurance
Settlement Payments Not Uninsurable Disgorgement Where Not Conclusively Linked To Improperly Acquired Funds
Investigation Seeking Sanctions and Return of Fees Sought No Covered “Damages”
No Coverage Available Under Crime Policy for Losses Not Discovered “During the Policy Period”
Text Messages Sent in Violation of TCPA Held to Implicate Professional Services Coverage
TCPA Statutory Damages Are Uninsurable Penalties Under Colorado Law
Washington Court Finds Coverage for Fraudulently Originated Loans Repurchased by Now-Defunct Bank
No Coverage Available for Employment-Related Claims Under Policy D&O and EPL Coverage Sections
Insurer’s Allegations that Declaratory and Injunctive Relief Are Not Covered Loss Survive Motion to Dismiss
Court Finds Hotel Worker Not “Employee” Under Policy for Theft Loss Coverage
NY Appeals Court Holds FCRA Statutory Damages Are Covered Damages
Settlement of Class Actions for Allegedly Withheld Profits Not Disgorgement
Consent Judgment with Covenant Not to Execute Is Covered Loss
Bank Settlements Returning Overdraft Fees—Including Plaintiffs’ Attorneys’ Fee Awards—Are Not “Damages”
Restitution for Criminal Acts Uninsurable Under Pennsylvania Law
Court Holds Insurer Can Allocate Settlements
Wiley Executive Summary

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