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  • Calamos Asset Mgmt., Inc. v. Travelers Cas. & Surety Co. of Am.,

    Publication Date: 2021-03-10
    Practice Area: Insurance Law
    Industry: Insurance | Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Jennifer C. Wasson, Carla M. Jones, Potter Anderson & Corroon LLP, Wilmington, DE; Matthew J. Schlesinger, Colin P. Watson, Maura A. Sokol, Covington & Burling LLP, Washington, DC for plaintiff.
    for defendant: Francis G.X. Pileggi, Lewis Brisbois Bisgaard & Smith LLP, Wilmington, DE; Ronald P. Schiller, Daniel J. Layden, Hangley Aronchick Segal Pudlin & Schiller, Philadelphia, PA for defendant.
    Case Number: D69318

    Corporation was not entitled to coverage under Directors and Officers liability policy for stockholders' underlying action against the company where the policy only provided coverage for securities claims and the underlying breach of fiduciary duty claims did not concern regulating securities.

  • Columbus Life Ins. Co. v. Wilmington Trust Co.

    Publication Date: 2021-03-03
    Practice Area: Insurance Law
    Industry: Financial Services and Banking | Insurance | Investments and Investment Advisory
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Donald L. Gouge, Jr., Donald L. Gouge, Jr., LLC, Wilmington, DE; Michael J. Miller, Joseph M. Kelleher Philip J. Farinella, Cozen O’Connor, Philadelphia, PA for plaintiff.
    for defendant: Steven L. Caponi, Matthew B. Goeller, K&L Gates LLP, Wilmington, DE; Ari Ruben, Susman Godfrey LLP, New York, NY; Steven G. Sklaver, Susman Godfrey LLP, Los Angeles, CA for defendant.
    Case Number: D69312

    Although stranger-oriented life insurance policy holder could not maintain void policy under theories of estoppel or waiver, insurance company's acceptance of holder as owner and beneficiary and acceptance of payment of premiums could support fraud claim against insurer.

  • In re Solera Ins. Coverage Appeals

    Publication Date: 2020-11-11
    Practice Area: Insurance Law
    Industry: Insurance | Software
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: John L. Reed, Matthew Denn, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP, Wilmington, DE; Gregory F. Fischer, Cozen O’Connor, Wilmington, DE; Angelo G. Savino, Cozen O’Connor, New York, NY; Kurt M. Heyman, Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Scott B. Schrieber, James W. Thomas, Jr, William C. Purdue, Jennifer Wieboldt, Arnold & Porter Kay Scholer LLP , Washington, DC; R. Reeves Anderson, Arnold & Porter Kay Scholer LLP, Denver, CO for appellants.
    for defendant: David J. Baldwin, Berger Harris LLP, Wilmington, DE; Peter M. Gillon, Alexander D. Hardiman, Tamara D. Bruno, Pillsbury Winthrop Shaw Pittman LLP, Washington, DC for appellee.
    Case Number: D69186

    A statutory appraisal action under 8 Del. C. §262 did not constitute a securities claim, so excess insurers were entitled to summary judgment. Reversed.

  • XL Ins. Am., Inc. v. Noranda Aluminum Holding Corp.

    Publication Date: 2020-10-28
    Practice Area: Insurance Law
    Industry: Insurance | Manufacturing
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: Ilana H. Eisenstein, Rachel A.H. Horton, DLA Piper LLP (US), Philadelphia, PA; Aidan M. McCormack, DLA Piper LLP (US), New York, NY; John L. Reed, Matthew Denn and Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE for plaintiff.
    for defendant: David B. Goodwin, Christine S. Haskett, Covington & Burling LLP, San Francisco, CA; David J. Baldwin, Berger Harris LLP, Wilmington, DE for defendant.
    Case Number: D69173

    Expert testimony regarding lost earnings was consistent with the provisions of the business interruption coverage portion of the insurance policies.

  • Legion Partners Asset Mgmt., LLC v. Underwriters at Lloyds London

    Publication Date: 2020-10-14
    Practice Area: Insurance Law
    Industry: Insurance | Investments and Investment Advisory
    Court: Delaware Superior Court
    Judge: Judge LeGrow
    Attorneys: For plaintiff: David J. Soldo, Patricia A. Winston, Morris James LLP, Wilmington, DE for plaintiff.
    for defendant: Carmella P. Keener, Cooch and Taylor, P.A., Wilmington, DE; Kim W. West, Alec H. Boyd, Clyde & Co. U.S. LLP, San Francisco, CA for defendant.
    Case Number: D69153

    Insurer was obligated to advance costs pertaining to insured's defense to counterclaims in an arbitration proceeding, because those counterclaims were within the scope of the policy.

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    Texas Personal Automobile Insurance Policy 2020

    Authors: Janet K. Colaneri, Bret Weatherford

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  • State Farm Mut. Auto Ins. Co. v. Spine Care Delaware, LLC

    Publication Date: 2020-09-23
    Practice Area: Insurance Law
    Industry: Health Care | Insurance
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: John S. Spadaro, John Sheehan Spadaro, LLC, Smyrna, DE for plaintiff.
    for defendant: Colin M. Shalk, Casarino Christman Shalk Ransom & Doss, P.A., Wilmington, DE; Kyle G.A. Wallace, Gavin Reinke, Alston & Bird LLP, Atlanta, GA for defendants.
    Case Number: D69132

    The Delaware Supreme Court held the lower court erred in holding that an insurer had the burden of proof with respect to the reasonableness of reductions in the amounts charged by a medical provider.

  • Pfizer Inc. v. U.S. Specialty Ins. Co.

    Publication Date: 2020-09-16
    Practice Area: Insurance Law
    Industry: Insurance | Pharmaceuticals
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Kenneth J. Nachbar, John P. DiTomo and Barnaby Grzaslewicz, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Robin L. Cohen, Adam S. Ziffer and Marc T. Ladd, McKool Smith, P.C., New York, NY for plaintiff.
    for defendant: Carmella P. Keener, Cooch & Taylor, P.A., Wilmington, DE; Jeffrey J. Ward, Dykema Gossett PLLC, Washington, DC for defendant.
    Case Number: D69124

    The court granted a motion for summary judgment in favor of an insured in this case involving excess coverage.

  • Ferrellgas Partners L.P. v. Zurich Am. Ins. Co.

    Publication Date: 2020-09-02
    Practice Area: Insurance Law
    Industry: Insurance | Legal Services
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Brenton W. Vincent, Bryan Cave Leighton Paisner LLP, Chicago, IL; David J. Baldwin and Peter C. McGivney, Berger Harris, LLP, Wilmington, DE for plaintiffs.
    for defendant: Daniel McNeel Lane, Norton Rose Fulbright US LLP, San Antonio, TX; Samantha Miller, Norton Rose Fulbright US LLP, Washington DC; Thomas G. Macauley, Macauley, LLC, Wilmington, DE, attorneys for defendant.
    Case Number: D69104

    Prior declaratory judgment directing insurer to pay insured's defense costs in underlying litigation did not obligate insured to subsequently seek a money judgment, and instead insured could submit invoices for review of reasonableness.

  • Oyola v. 21st Century Centennial Ins. Co.

    Publication Date: 2020-08-12
    Practice Area: Insurance Law
    Industry: Insurance
    Court: Delaware Superior Court
    Judge: Judge Jurden
    Attorneys: For plaintiff: Katherine Hemming and William R. Stewart, III, Weik, Nitsche & Dougherty, LLC, Wilmington, DE for plaintiff.
    for defendant: Tracy A. Burleigh, Marshall, Dennehey, Warner, Coleman & Goggin, Wilmington, DE for defendant.
    Case Number: D69082

    Plaintiff did not comply with a condition precedent under his insurance policy, so he was unable to establish that defendant insurer breached the parties' agreement.

  • Athene Life & Annuity Co. v. Am. Gen. Life Ins. Co.

    Publication Date: 2020-06-03
    Practice Area: Insurance Law
    Industry: Insurance | Investments and Investment Advisory
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Martin S. Lessner, Richard J. Thomas, and M. Paige Valeski, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; James P. Gillespie and Dustin Hillsley, Kirkland& Ellis LLP, New York, NY; Adam T. Humann, Kirkland & Ellis LLP, Washington, DC for plaintiff Athene. Brian C. Ralston, Potter Anderson & Corroon LLP, Wilmington, DE for plaintiffs American Investors and Indianapolis Life.
    for defendant: Kenneth J. Nachbar and Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendant American Life. Joel Friedlander and Christopher P. Quinn, Friedlander & Gorris, P.A, Wilmington, DE; John L. Jacobus, J. Walker Johnson, Catherine D. Cockerham, and William Carson, Steptoe & Johnson LLP, Washington, DC; Jeffrey B. Korn and Stuart R. Lombardi, Willkie Farr & Gallagher LLP, Washington, DC; Joseph G. Davis, Willkie Farr & Gallagher LLP, New York, NY for defendants ZC Resource Investment Trust and ZC Resource LLC.
    Case Number: D68999

    Breach of contract and tortious interference claims arising from alleged rights to surrender or reallocation value from corporate-owned life insurance policies were dismissed as unripe where the policyholder had made no effort to surrender or reallocate.