Travelers Coverage Row Belongs In US Court, 7th Circ. Told

Law360, Chicago (January 17, 2012, 10:12 PM EST) -- Travelers Indemnity Co.'s campaign to avoid coverage for a policyholder's $16 million settlement in a credit card rights class action should unfold in federal court and not through related state court proceedings, an attorney for the insurer told the Seventh Circuit on Tuesday.

Charles E. Spevacek of Meagher & Geer PLLP said an Illinois federal court had "abused its discretion" when it refused to hear Travelers' suit seeking a declaration that it has no duty to cover a stipulated judgment against Rogan Shoes Inc. in an...
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