Insurance UpdateApril 16, 2018 | Robert Tugander |
Like the weather so far this spring, our April Insurance Update offers a “mixed bag” of insurance decisions. In our update, you’ll find answers to the following questions:
- When does the completed-operations hazard apply to asbestos bodily injury claims?
- A campground caretaker shoots a camper. Is there an “occurrence” from the owner’s standpoint?
- A vintage wine collector purchases $18 million in counterfeit wine. Can he recoup his losses under his valuable possessions policy?
- A supermarket chain removes snow from the roofs of its buildings to prevent possible damage. Does it have a covered claim under its commercial property policy?
- An insured is accused of stealing a competitor’s trade secrets and employees. Did its conduct also give rise to a defamation claim so as to trigger the Advertising Injury and Personal Injury coverage of its CGL policy?
Included in our bag is a Washington bad faith case that every claims representative should be aware of.
And in case you missed it, be sure to check out our New York Insurance Update discussing two important decisions from the New York Court of Appeals on the “unavailability exception” and additional insured status.
We hope that you find these cases informative.
Click here to read the Update.