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Time Inc. v. Mutual Insurance Company Limited
Case Number:
1:18-cv-06835
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 03, 2023
Time Inc. Can't Get Coverage Over $4.9M Auto Renewal Claims
Time Inc. and two subsidiaries cannot get coverage from Mutual Insurance Co. Ltd. over claims it automatically renewed readers' subscriptions without their consent, a New York federal judge ruled, finding that two underlying proposed class actions, which resulted in a nearly $5 million settlement fund, "clearly allege intentional misconduct."
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June 09, 2020
Time's Insurer Fights Coverage Of $6.9M Deal, Defense Costs
Mutual Insurance Co. has urged a New York federal judge to toss a suit brought by Time Inc. demanding $6.9 million in indemnification of settlement and defense costs for class actions accusing the magazine company of deceptive marketing, saying that Time's "intentional" unfair business practice is not covered by its policy.