Towers Watson & Co. v. National Union Fire Insurance Company

  1. January 09, 2025

    Towers Watson Says Del. Ruling Should Guide Bump-Up Win

    Towers Watson & Co. told the Fourth Circuit that a recent Delaware Superior Court decision favoring an insured showed that a bump-up exclusion in policies couldn't prevent coverage of the company's $75 million settlement traced to its merger with Willis Group Holdings PLC.

  2. January 01, 2025

    D&O, Cyber Issues Top Specialty Line Cases To Watch In 2025

    2025 promises to usher in significant developments in ongoing litigation fights over crucial specialty line insurance issues, including directors and officers and cyber risk policies. Here, Law360 speaks to experts for carriers and policyholders on the top cases to watch in the new year.

  3. September 12, 2024

    Towers Watson Can't Duck Bump-Up Exclusion, 4th Circ. Told

    Towers Watson's latest effort to get its directors and officers insurers to fund a $75 million settlement in a shareholder suit over its merger with Willis should be tossed, the insurers told the Fourth Circuit, saying the bump-up exclusion unambiguously applies to bar coverage.

  4. August 15, 2024

    Specialty Line Insurance Cases To Note: 2024 Midyear Report

    The remainder of 2024 promises developments in several ongoing specialty line cases that can reshape bump-up exclusions in directors and officers policies, cyber coverage for loss mitigation costs and payment practices for defense costs.

  5. July 15, 2024

    Towers Watson Asks 4th Circ. To Find Merger Dispute Covered

    Towers Watson's insurers must pay out $54 million in remaining directors and officers coverage to help fund a $75 million settlement in a shareholder suit over the company's merger with Willis, Towers Watson told the Fourth Circuit, saying a so-called bump-up exclusion does not apply.