McEvoy v. Savings Bank Life Insurance Co. of Massachusetts (Lawyers Weekly No. 12-084-17)
Superior Court denies preliminary injunction to stop policyholder vote on converting stock life insurance company to mutual company owned by policyholders.
Superior Court denies preliminary injunction to stop policyholder vote on converting stock life insurance company to mutual company owned by policyholders.
Employment practices liability insurer's duty to defend does not include obligation to prosecute affirmative counterclaims on behalf of insured.
Underinsured motorist carrier did not waive arbitration right by waiting until insured's underlying action concluded. Collateral estoppel does not apply where policy requires arbitration.
Underinsured motorist insurer did not waive arbitration rights by waiting until insured's lawsuit against tortfeasor concluded before demanding arbitration of coverage dispute.
Homeowner's insurance policy business pursuits exclusion barred coverage for claims arising from insured's police department employment.
Scallop damage caused by unknown failure during processing constitutes an "occurrence" under liability policy when negligence was established and damage was unforeseeable.
Massachusetts court enforces Illinois class action settlement on insurance reimbursement rates, holding settlement binds non-opting-out defendants under Full Faith and Credit Clause.
Insurer properly conditioned payment of policy limit on claimant's release of insureds, despite available excess insurance, under Lazaris precedent governing fair settlement practices.
Insurance companies cannot recoup defense costs advanced under reservation of rights when the policy contains no reimbursement provision, even if a court later determines no coverage existed.
Insurance companies cannot recoup defense costs advanced under reservation of rights when no coverage existed, absent explicit policy language. Unpaid defense costs incurred before declaratory judgment of no coverage cannot be recovered.