Stem, Inc. v. Scottsdale Insurance Company
Case Number:
3:20-cv-02950
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March 26, 2021
Insurer Argues Energy Biz Isn't Covered In Shareholder Suit
Scottsdale Insurance Co. and an energy solutions company faced off in dueling motions on Thursday, as the insurance company told a California federal judge it shouldn't have to pay for a shareholder suit because the events leading up to it happened before the initial policy was in place in 2011.
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July 21, 2020
Insurer Cannot Dodge Energy Biz's Suit, Judge Says
A California federal judge refused Scottsdale Insurance Co.'s bid to toss a suit brought by policyholder Stem Inc. seeking defense in a suit accusing it of breaching fiduciary duty, holding that Scottsdale failed to demonstrate "the absence of any potential for coverage."