Madoff Comparison Feud Isn't Insurable, Suit Says

Law360, New York (August 6, 2013, 2:42 PM EDT) -- Berkley National Insurance Co. told a Nevada federal judge Monday that it has no duty to cover a custom minter in a defamation lawsuit that accuses the company of creating a website comparing a real estate investment company's president to Ponzi schemer Bernard Madoff.

The insurer is providing a defense to Northwest Territorial Mint LLC, a minter of commemorative coins, in the underlying suit, but argues that there are no claims in the suit that would qualify the company for coverage under bodily injury, property damage,...
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Case Information

Case Title

Berkley National Insurance Company v. Northwest Territorial Mint, LLC et al

Case Number




Nature of Suit


Date Filed

August 5, 2013

Law Firms

UK Financial Services

UK Financial Services

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