Primary Color Systems Corporation v. Hiscox Insurance Company Inc.
Case Number:
8:22-cv-02029
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February 02, 2023
Ex-CEO's Arbitration Award Not Covered Due To Fraud
An insurer doesn't have to indemnify a design and marketing company for an $850,000 arbitration award to its former CEO, who alleged he was bamboozled by the company, a California federal judge ruled, pointing to a state statute against insuring fraudulent acts.
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January 24, 2023
Design Co. Says Insurer Can't Duck $850K Arbitration Award
The insurer for a design and marketing company cannot escape coverage of an $850,000 arbitration award to a former CEO, the company told a California federal court, saying there was no finding of a deliberate fraudulent act that would exclude coverage of the underlying dispute.
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November 07, 2022
Design Co. Seeks Coverage For Ex-CEO's Arbitration Award
A bespoke design and marketing company asked a California federal court to compel its insurer to cover an $850,000 arbitration award it owes a former CEO for misleading him regarding his equity and withholding his bonuses.