Search Results

Non-piracy agreement covering agency's clients and prospects ruled enforceable In April 2001, five agency employees asked a circuit court to invalidate a restrictive covenant in their employment agreement. The covenant provided that,

Court rules that faulty workmanship is not an 'occurrence' under a CGL In 1989, a South Carolina developer hired a contractor to perform site-development work and build roads for a new subdivision. The contractor, in turn, hired

Insured cannot rely on others to notify carrier of a claim(This case is a good reminder to readers that insureds themselves must report lawsuits or threat of suits to their insurers. We aren't told whether the insurer's

Rain-induced landslide found to be excluded under homeowners policy On Feb.13, 1998, following heavy rains, a slope failed above the West Hills, Calif., home of the insureds. The slope failure led to a landslide that caused a tree to crash

Agent not responsible for uncovered patent infringement claim against farmers Intellectual property rights exposures can affect a surprising variety of clients. Farm agents may be surprised to learn that they may have an exposure if they don't

Replacement-cost value applies to calculation of coinsurance amount A fire damaged an inn that was insured for $1,750,000. The property policy had a 90% coinsurance provision. According to an appraisal made after the fire, the damaged part of the inn

Earth-movement exclusion ruled applicable only to natural eventsThe insureds in this Florida case had an "all-risk" homeowners policy. While it was in effect, the insureds reported a loss for structural damage to their home and damage to

No coverage under manuscript BI policy for loss of power to supplierAn earthquake struck Taiwan in September 1999, disabling a substation that provided electric power to two Taiwanese factories. Lacking power, the factories could not manufacture