Palms Hits Zurich Over Souvenir Giveaway Injury Coverage

Law360, New York (October 22, 2012, 2:50 PM EDT) -- The Palms Casino Resort sued Zurich American Insurance Co. in Nevada on Friday, claiming the insurer failed to defend it with reasonable care from a suit in which a man won $6 million after being injured during a casino souvenir giveaway.

FP Holdings LP, which does business as the Palms Casino Resort, says Zurich breached its insurance contract with the resort when it failed to take appropriate action to limit the exposure of the casino or excess insurance carrier National Union Fire Insurance Company of Pittsburgh,...
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