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Amicus Library

Coverage for Settlements
U.S. Bank v. Indian Harbor ACE Ins. Co.
Year: 2015
Court: U.S. Court of Appeals, 8th Circuit
Case Number: 15-1691
Issue:
  • Contract Interpretation
  • Coverage for Settlements
State:
  • Minnesota

Applying Delaware law, the U.S. District Court for the District of Minnesota correctly held that insurers may not escape liability for coverage by applying erroneous exclusions and attempting to rewrite the bargained for coverage at claim time. Where insurers desire to exclude certain conduct from…

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