In its amicus brief, United Policyholders addresses the important question of whether insurance coverage is available for liabilities arising out of a company’s day-to-day business. United Policyholders’ brief provides an overview of the history and purpose of insurance — going back hundreds of years to the origination of modern insurance as a risk-transfer contract to protect the transport of goods on the high seas — to show that the purpose of insurance is to cover known or unknown risks arising out of deliberate business activities.
AIU Insurance Company, et al v. McKesson Corporation, et al
Court United States Court of Appeals for the Ninth Circuit
Case Number 22-16158
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