IMG Worldwide, Inc., et al v. Great Divide Insurance Compan
Case Number:
15-4324
Court:
Nature of Suit:
Companies
Sectors & Industries:
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March 31, 2016
Primary Insurer Must Cover $8M Defense Costs, 6th Circ. Told
A Chubb excess insurer urged the Sixth Circuit on Thursday to uphold a lower court's ruling that primary carrier Great Divide Insurance Co. must repay it for $8 million in legal costs it shelled out for a sports management agency's real estate dispute, arguing that Ohio law clearly allows the Chubb unit to seek reimbursement.
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January 27, 2016
Court Ignored Insurer's Settlement, 6th Circ. Told
Great Divide Insurance Co. asked the Sixth Circuit on Wednesday not to let a Chubb excess insurer stick it with nearly $8 million in legal bills for a sports management agency's real estate dispute, arguing the other firm should have to live with the consequences of its decision not to settle.