Whether an excess insurance carrier’s denial of coverage to a policyholder who settles with its primary insurance company for an amount below the primary insurance company’s limits violates the public policy favoring settlements?
Citigroup, Inc. vs. National Union Fire Insurance Co. et. al.
Year
2009
Court
U.S. Court of Appeals, 5th Circuit
Case Number
10-20445
Issue
- Primary/Excess settlements
State
- Texas