9th Circ. Set To Weigh Fraud Coverage In Office Depot Row

Law360 (May 15, 2018, 1:47 PM EDT) -- The Ninth Circuit will hear arguments Wednesday over whether a California law precluding coverage for willful acts means an AIG unit does not have to cover Office Depot’s defense and settlement costs in a suit alleging it overbilled public agencies, in a case that could have a broad impact on the availability of insurance for fraud-based claims.

What’s at Stake

Office Depot is challenging a California federal judge’s rulings accepting AIG Specialty Insurance Co.'s argument that the state’s Insurance Code Section 533 — which precludes coverage...
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