IMG Worldwide, Inc., et al v. Westchester Fire Insurance Co
Case Number:
13-3837
Court:
Nature of Suit:
Companies
Sectors & Industries:
-
July 25, 2014
6th Circ. Pushes Excess Carriers To Monitor Primary Denials
The Sixth Circuit recently put an excess insurer on the hook for IMG Worldwide Inc.'s nearly $8 million defense bill in litigation over a failed real estate project, a decision that sends a warning to excess carriers with similar policy language to closely scrutinize primary carriers' coverage denials or else face unexpected costs.
-
July 15, 2014
6th Circ. Says Excess Insurer Must Foot $8M Defense Costs
The Sixth Circuit held Tuesday that Westchester Fire Insurance Co. must pay nearly $8 million to cover IMG Worldwide Inc.'s defense in litigation stemming from a failed real estate project, finding the excess insurer should have stepped in when a primary insurer wrongly denied coverage.