2nd Circ. Sides With Maclaren In Insurance Coverage Row
By Lance Duroni
Law360, Chicago (November 15, 2013, 6:54 PM ET) -- The Second Circuit on Friday upheld Maclaren Europe Ltd.’s victory in a coverage feud with ACE American Insurance Co., agreeing with a lower court that the insurer improperly canceled a policy that should have covered product liability claims against the English stroller maker.
In a summary order, the three-judge panel affirmed that a broker who collected premiums from Maclaren — but failed to give them to ACE — was acting as the insurer’s agent. ACE, therefore, can be charged with receiving the premiums and had no...