International Surplus Lines Insurance Co. v. Marsh & Mclennan - United States Court of Appeals for the Fourth Circuit

International Surplus Lines Insurance Co. v. Marsh & Mclennan

By United States Court of Appeals for the Fourth Circuit

  • Release Date - Published: 1988-02-01
  • Book Genre: Law
  • Author: United States Court of Appeals for the Fourth Circuit
Our rating: 5/5 stars

Score: (From 0 Ratings)

International Surplus Lines Insurance Co. v. Marsh & Mclennan United States Court of Appeals for the Fourth Circuit read online review & book description:

CHAPMAN, Circuit Judge: Plaintiff International Surplus Lines Insurance Company (""ISLIC"") appeals the order of the district court granting summary judgment to defendants, Marsh & McLennan, Inc. and Marsh & McLennan, Incorporated (""Marsh & McLennan""). ISLIC sued Marsh & McLennan, an insurance broker,1 seeking indemnification for monies ISLIC paid to the City of Richmond on a disputed claim under liability insurance policy. ISLIC alleges that Marsh & McLennan breached certain fiduciary duties it owed ISLIC in connection with the City's efforts to obtain increased liability coverage and, therefore, it should indemnify ISLIC for the increased amounts paid to the City in settlement of the claim. The district court held that ISLIC's claims were not properly brought as claims for indemnity and that the applicable contract and tort statutes of limitations bar ISLIC's claims for breach of fiduciary duties. We affirm.

@2019 – Go Read a Book. All Right Reserved. goreadabook.org is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for website owners, to earn advertising fees by linking and advertising to amazon.com and any other website that may be affiliated with Amazon Service LLC Associates Program; As an Amazon Associate I earn from qualifying purchases.

International Surplus Lines Insurance Co. v. Marsh & Mclennan book review International Surplus Lines Insurance Co. v. Marsh & Mclennan ePUB; United States Court of Appeals for the Fourth Circuit; Law books.

Post a review about this book