No New Appeal For Insurer In Junk Fax Defense Cost Row

Law360, Chicago (September 20, 2011, 5:59 PM EDT) -- Landmark American Insurance Co. lost its bid for a rehearing Monday after an Illinois appeals court nixed a lower court's ruling that it did not owe defense coverage to policyholder NIP Group Inc. in an underlying junk fax class action.

A three-judge appeals panel rejected Landmark's arguments that it erred when it ruled in April that the professional liability policy the company issued to fellow insurance company NIP could potentially cover an Illinois state court suit accusing NIP of faxing unsolicited advertisements to at least 40...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.