Insurers Off Hook For PICA IP Suit: 6th Circ.

Law360, New York (July 31, 2009, 3:49 PM EDT) -- An appeals court has affirmed a ruling against risk management consultant PICA Corp. in a dispute with its general liability insurers, finding that the insurers, Clarendon America Insurance Co. and First Mercury Insurance Co., do not owe defense coverage for a trade secrets suit brought by PICA’s rival.

A three-judge panel of the U.S. Court of Appeals for the Sixth Circuit on Tuesday affirmed a summary judgment ruling in favor of the insurer defendants in the U.S. District Court for the Southern District of Ohio....
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