BCN SCORES A HAT TRICK FOR AIG
BCN has scored three significant decisions for AIG in the first few months of 2013. The two appellate court and one trial court victories involved policyholders seeking in excess of $100 million. Insurance Law 360’s Top News featured each case.
1 – BCN’s Agelo Reppas led the charge before the Ohio appellate court to reverse a judgment finding coverage for Chiquita arising from claims alleging Chiquita financed terrorist groups in South America. The Court found that the claim did not involve an occurrence and regardless all conduct happened at the place of injury, Colombia, which was outside the coverage territory. (click for more detail)
2 – Barbara Michaelides persuaded New York’s highest court to affirm a judgment in favor of National Union against the Diocese of Brooklyn, which sought to avoid its self-insured obligations and spike coverage in two policy periods for a priest’s sexual abuse of a minor over a seven year span. (click for more detail)
3 – Matthew Fink and Charles Hafner secured summary judgment for Chartis Specialty in Delaware state court, where the court ruled that Chartis Specialty’s policy did not cover the insured’s $150 million settlement arising from violations of a health provider statute in Louisiana. The Court found that the damages awarded were “penalties” excluded under the policy. (click for more detail)
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Published at bcnlaw.com – News & Articles