5-Hour Energy Defense Costs Should Be Shared: Insurer

Law360, New York (February 21, 2012, 2:10 PM EST) -- National Casualty Co. improperly denied coverage when the maker of 5-Hour Energy drinks was sued by a competitor for false advertising and trade libel, leaving Citizens Insurance Co. of America to pay for defense costs that should have been split, Citizens alleges in a complaint filed Friday.

Citizens' suit, filed in California federal court, contends that both it and National Casualty insured Living Essentials — which makes the 5-hour Energy brand of drinks and is part of Innovation Ventures LLC — at the time the company...
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