Zurich Owes Federal $1.5M In Coverage Suit Fees: 2nd Circ.

Law360, New York (November 3, 2011, 4:43 PM EDT) -- The Second Circuit on Thursday told Zurich American Insurance Co. to pay about $1.49 million to Federal Insurance Co. for attorneys' fees and other costs that Federal incurred while fighting Hartford Financial Services Inc. over coverage of a Fair Credit Reporting Act class action.

Zurich asked the Second Circuit to nix the judgment because the lower court failed to give proper notice before sua sponte granting summary judgment to Federal Insurance. The insurer also argued that the record was inadequate at the time the New York...
To view the full article, register now.