Insurers Gained Ground In Key 2010 Rulings

Law360, New York (December 27, 2010, 2:15 PM EST) -- The most important insurance rulings in 2010 came in cases concerning failed banks, reinsurers' settlement obligations, and directors and officers policies, with courts settling law in many gray areas and giving insurers cause for comfort.

The big decisions of 2010 ran the gamut from coverage for defective drywall to the primacy of the so-called follow the fortunes doctrine and the admissibility of arbitrators.

Taken as a whole, however, the year's most significant rulings entrenched the trend of courts handing down rulings that benefit direct insurers, with...
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