Insurance
Jul. 18, 2014
Adversaries can multiply if insurers sue
When an insurers sue to confirm that they owes no coverage, insureds can find themselves litigating on two fronts.
Kirk A. Pasich
Partner and Co-Leader of the Insurance Recovery Group
McGuireWoods LLP
Phone: (310) 956-3462
Email: kpasich@mcguirewoods.com
Loyola Law School
Liability policies typically obligate insurers to defend and indemnify their insureds. If an insurer believes that there might be questions about coverage under its policy for a suit against its insured, it can reserve its rights to deny coverage. However, even though a reservation permits an insurer to protect its rights, insurers often file lawsuits against their insureds seeking to get court confirmation that the insurer owes no coverage to their insured. Thus, an insured can find its...
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