CUMIS Specialty Insurance Company, Inc. v. Kaufman
Case Number:
1:21-cv-11107
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Nature of Suit:
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Firms
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October 19, 2022
Ex-CEO Convicted Of Bribery Can't Revive Coverage Suit
A New York federal court denied a former CEO's request to reconsider a recent ruling that found an insurer can recoup post-sentencing defense costs and can avoid covering an appeal, saying the CEO failed to raise new arguments and that his objections to the prior ruling were ineffective.
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September 29, 2022
No Defense Coverage For Ex-CEO's Appeal After Sentencing
A New York federal judge said an insurer can recoup post-sentencing defense costs it paid and avoid covering an appeal for a policyholder who was found guilty of accepting bribes.