This story is reprinted with permission from the Insurance Coverage Law Center, the industry’s only comprehensive digital resource designed for insurance coverage law professionals. Visit the website to subscribe. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
A federal district court in California, applying Illinois law, has ruled that an exclusion in a commercial general liability insurance policy precluded coverage of a lawsuit alleging that the insured company had violated its fiduciary duties under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) in connection with its employee welfare benefit plan.
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