6th Circ. Pushes Excess Carriers To Monitor Primary Denials
By Bibeka Shrestha ( July 25, 2014, 8:57 PM EDT) -- The Sixth Circuit recently put an excess insurer on the hook for IMG Worldwide Inc.'s nearly $8 million defense bill in litigation over a failed real estate project, a decision that sends a warning to excess carriers with similar policy language to closely scrutinize primary carriers' coverage denials or else face unexpected costs....
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