AIU Insurance Company, et al v. McKesson Corporation, et al
Year: 2022
Court: United States Court of Appeals for the Ninth Circuit
Case Number: 22-16158
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.
Courtney Horrigan and Douglas Baker of Reed Smith