Posted on Nov 8, 2014 in
Litigation |
Comments Off on Missouri Federal Court Finds Excess Workers’ Comp Insurer May Have Fiduciary Duty To Insured
After a company settled a workers’ compensation claim for more than $300,000, the company made a claim on its workers’ compensation excess insurer for the amount above $300,000, which the excess insurer had agreed to indemnify the company for according to the terms of the policy. The excess insurer refused payment and the insured brought claims against the insurer under...