Insurance
Dec. 15, 2009
Dispute Points to Gaps in Insurance Coverage for Lawsuits
A complaint arising from a fruit-juice dispute highlights a tough insurance climate, as insurers tighten their pocket books and more insureds seek money to cover litigation costs.
Daily Journal Staff Writer
When Welch Foods Inc. found itself facing two false advertising lawsuits in California earlier this year, it turned to its insurance companies, as is usual, to cover the bill. But Zurich American Insurance Co. and National Union Fire Insurance Co. denied Welch's claims, and now the Massachusetts-based fruit company is taking the matter to court, suing the two insurers to get the money it says i...
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