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Eleventh Circuit Rules Third Party Claims Unnecessary to Trigger Employee Benefits Liability Coverage
Hunton Andrews Kurth LLP
Nov. 15, 2024 "In this instance, the court properly applied bedrock principles of policy interpretation to come to the right result -- the insuring agreement could be triggered without a third-party claim, particularly here where the 401(k) plan's qualified status was in jeopardy, which in turn made North American 'legally obligated' to make the corrective payments." [North American On-Site, LLC v. Zurich American Ins. Co., No. 22-12495 (11th Cir. Oct. 28, 2024)] MORE >> |
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