The date of loss and date of discovery are key dates in any claim situation. Knowledge of damage to property is to be reported to insurers as soon as possible, and policies generally only pay for losses that occur during the policy period. Credit: Simon Annable/Shutterstock.com The date of loss and date of discovery are key dates in any claim situation. Knowledge of damage to property is to be reported to insurers as soon as possible, and policies generally only pay for losses that occur during the policy period. Credit: Simon Annable/Shutterstock.com

The U.S. District Court for the District of Massachusetts has ruled that an insurer does not owe contribution to another insurer for the underlying defense of a mutual client because the first insurer is not obligated to defend the underlying suit. The case is Arch Specialty Ins. Co. v. Colony Ins. Co., 590 F. Supp. 3d 395 (D. Mass. 2022). 

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Litigation