Estee Lauder Insurer Back On Hook In $4.9M Suit

Law360, New York (February 23, 2009, 12:00 AM EST) -- A New York appellate court has reversed a decision that let OneBeacon Insurance Group LLC off the hook in an indemnity suit filed by Estee Lauder Inc., finding that an insurer can't use a catchall defense clause to disclaim a policy whose documentation has been lost.

The Supreme Court of New York County’s Appellate Division ruled on Thursday that insurers have an affirmative duty to promptly disclose untimely notice defenses to policyholders, rejecting the trial court’s assessment that catchall reservations clauses in disclaimer letters permit insurers...
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