Hunton insurance recovery partner, Mike Levine, recently sat down with Thompson Reuters to discuss his experiences with COVID-19 business interruption claims and litigation. In the interview, Mike discusses his recently filed lawsuit against AIG Specialty Insurance Company, which he brought on behalf of Circus Circus Casino in Las Vegas. This is the second major
A New York federal court denied AIG Specialty Insurance Company’s (“AIG”) motion to dismiss breach of contract and bad faith claims in a lawsuit filed by SS&C Technology Holdings, Inc. (“SS&C”). SS&C alleges that AIG breached its contract by failing to cover losses stemming from a cyber incident in which hackers duped the company out of millions of dollars.
Continue Reading Insurer Must Face Email Spoofing Lawsuit
The Delaware Superior Court recently held, in Conduent State Healthcare, LLC v. AIG Specialty Insurance Company, et al., that a government-conducted civil investigation constitutes a “Claim” sufficient to trigger coverage under a professional liability insurance policy. Conduent State Healthcare, LLC (“Conduent”) alleged that Defendant AIG Specialty Insurance Company (“AIG”) breached its obligations by refusing to defend and indemnify Conduent for costs incurred in connection with a Medicaid fraud investigation.
Continue Reading Governmental Civil Investigations Trigger Insurer’s Duties to Defend and Indemnify