insurance coverage

Insured may Accept “Fair and Reasonable” Settlement without Insurer’s Consent

An insured did not forfeit its insurance coverage when it reasonably settled a lawsuit without the insurer’s consent, where the insurer had defended the suit subject to a reservation of rights, the Pennsylvania Supreme Court held in Babcock & Wilcox Co. v. American Nuclear Insurers.

By | 2017-05-19T22:51:27+00:00 August 11th, 2015|Categories: Civil Litigation, Insurance|Tags: , , , , , , , , |Comments Off on Insured may Accept “Fair and Reasonable” Settlement without Insurer’s Consent

Superior Court Defines Statute of Limitations for Declaratory Judgment on Insurer’s Duty to Defend and Indemnify

The statute of limitations for a declaratory judgment action brought by an insurance company regarding its duty to defend and indemnify begins to run when a cause of action for a declaratory judgment arises, an en banc Superior Court panel held in Selective Way Ins. Co. v. Hospitality Group Services, Inc..

By | 2015-07-27T14:40:49+00:00 August 3rd, 2015|Categories: Civil Litigation, Insurance|Tags: , , , , , , |Comments Off on Superior Court Defines Statute of Limitations for Declaratory Judgment on Insurer’s Duty to Defend and Indemnify