Insurance Update

Our November Insurance Update touches upon some novel issues.

• Is an appraisal action – a proceeding to determine fair stock value on the date of merger – a Securities Claim for purposes of a D&O policy?
• Must a workers’ compensation carrier pay for medical marijuana costs?
• Does a pollution exclusion bar a landlord’s costs to clean up a methamphetamine operation in a rental home?
• Does a pollution exclusion bar a claim for false reporting of coal dust samples at a mine?
• Does a hazardous waste exclusion bar a claim for exposure to PFOA and PFOS contained in fire suppression foam?
• A car smashes into a bar injuring patrons. Does the bar’s insurer owe coverage?
• A car smashes into a restaurant injuring patrons. Does the restaurant’s insurer owe coverage to the property owner where the restaurant was not liable?
• A pond built inside a residence leaks causing water damage to other parts of the residence. Must the CGL insurer defend the contractor?
• Restaurants seek lost business income from Covid-19 lockdowns. Most courts have sided with insurers. Why did this North Carolina state court buck the trend?

You can find answers to all of these questions by clicking here.

We hope everyone has a pleasant Thanksgiving. Be well and stay safe.

Rob Tugander and Greg Mann