Underwriters Off Hook For Port Of New Orleans Suit

Law360, New York (August 12, 2009, 7:45 PM EDT) -- Two of three insurance underwriters — American Home Assurance Co. and St. Paul Fire and Marine Insurance Co. — have been let off the hook in a suit seeking to hold them responsible for excess coverage of a $2.6 million personal injury judgment against the Board of Commissioners of the Port of New Orleans.

Judge Lance M. Africk of the U.S. District Court for the Eastern District of Louisiana granted summary judgment Tuesday to the two underwriters, finding that the board did not provide them with...
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