Insurance Company Wants to Walk Away from Controversial Insured

An insurance company wants out if its policy with the insured, a controversial caffeinated alcohol drink, according to the insurer’s request for declaratory judgment in federal court. Selective Insurance claims it does not have a duty to defend or indemnify Phusion Projects from lawsuits over Phusion’s “Four Loko” brand beverage. Families of several people filed […]

Insurance Company Tries to Sue Its Own Insured to Recover Settlement Pay-Out

Is it bad faith for an insurance company to sue its insured in an attempt to recover what it paid out in a settlement on behalf of the insured? Attorneys for the insured think so in one particular federal court case, which the insurance company is now backing away from without comment. In November 2008, […]