Update: A federal district-court judge has denied a group of insurers’ motion to dismiss Coca-Cola’s claim for attorneys’ fees in a cross-border insurance coverage dispute.

Continue Reading Judge Denies Insurers’ Motion to Dismiss Coca-Cola’s Claim for Attorneys’ Fees in Cross-Border Insurance Coverage Dispute

In this coverage dispute, Coca-Cola claims that its insurers wrongfully refused to reimburse nearly $1 million in business interruption losses it suffered at two bottling plants in Nepal resulting from a blockade of the Nepal-India border.

Continue Reading “Coca-Cola Disputes Choice-Of-Law Issue Governing Claim For Attorneys’ Fees In Cross-Border Insurance Coverage Dispute”

On December 20, 2016, a New York federal district court granted a petition to compel arbitration, filed by Zurich Insurance Co.’s (“Zurich”), as a subrogee of Adidas Group (“Adidas”), against Crowley Latin America Services LLC (“Crowley”), a transportation and logistics company. The underlying dispute involves losses from a fire-damaged shipment of Adidas clothing.  The Court allowed Zurich to compel arbitration based on its service contract with Adidas.

Continue Reading Insured Can’t Run From Arbitration For Damaged Adidas Products

The owner of a fire-damaged warehouse in Florida is battling in the Fifth Circuit to revive a claim alleging that a broker and insurer negligently failed to procure adequate insurance for the warehouse—by arguing that the lower court should have applied a different state’s law to its summary judgment determination. The warehouse owner leased the warehouse to a Florida-based produce distributor, which in turn procured a $5 million insurance policy from Alterra American Insurance Co. A fire later caused $10 million worth of damage to the warehouse, toward which Alterra paid the $5 million policy limit.

Continue Reading Choice Of Law Key To Coverage For Third Party Beneficiaries