Maclaren Wins Suit Claiming Ace Policy Was Wrongly Scrapped

Law360, New York (November 7, 2012, 4:22 PM EST) -- A New York federal judge on Monday ruled Ace American Insurance Co. had improperly canceled the policy of English stroller maker Maclaren, which sought coverage for product liability claims, because the broker who collected the premium but didn’t give it to Ace was acting as the insurer’s agent.

Mclaren Europe Ltd. had paid retail broker Indebir Sahni to renew an existing policy in 2006, but Sahni never remitted the payment to Ace, which then canceled the policy. The stroller company, which sued Ace for coverage, said...
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