Finazzo Cossolini prevails before U.S. Eighth Circuit Court of Appeals by defeating $13.5M claim for extra-contractual "mitigation costs."
Posted on August 8, 2018
In Welspun Pipes, Inc. v. Liberty Mutual Fire Insurance Company, 891 F.3d 951 (8th Cir. 2018), the issue in dispute was whether a manufacturer of welded pipes for oil pipelines could recover beyond its business interruption loss and... Continue reading >
On June 7, 2018, the New Jersey Senate has advanced bill S2144, entitled the New Jersey Insurance Fair Conduct Act
Posted on August 8, 2018
The legislation proposes to lower the common law "fairly debatable" standard for determining whether an insurer knew it unreasonably delayed or denied a claim... Continue reading >
Finazzo Cossolini prevails in the Sixth Circuit in a case involving asbestos bodily insurance claims for tens of millions of dollars by Bondex International, Inc. against several of its insurers
Posted on June 16, 2017
In Bondex International, Inc. vs. Hartford Accident and Indemnity Co., et al., 667 F.3d 669 (6th Cir. 2011), the Sixth Circuit Court of Appeals affirmed the trial court's grant of... Continue reading >
Finazzo Cossolini secures victory before New Jersey's Appellate Division on the proper interpretation of commercial property policy's Power Pac Endorsement
Posted on May 3, 2017
In Schultz Furriers, Inc. v. Travelers Casualty Insurance Company of America, Docket No. A-0170-15T1, 2017 WL 1731005 (App. Div. May 3, 2017), the central issue was whether the policy's Power Pac Endorsement operated as an... Continue reading >
Finazzo Cossolini obtains summary judgment in New Jersey District Court after the Court gives proper effect to anti-concurrent and anti-sequential causation provisions of property policy
Posted on March 31, 2017
In Jacobsen v. Hartford Insurance Company Flood & Home (Sandy), et al., Civil Action No. 14-3094, 2017 WL 1239145 (D.N.J. Mar. 31, 2017), the Court was asked to decide whether the plaintiff could recover for damages to their dock caused by an unmoored boat during Superstorm Sandy... Continue reading >
New York's First Department agrees that insurer does not owe duty to defend insured against allegations of knowingly false statements under CGL policy
Posted on May 5, 2016
When a licensing and services agreement between a real estate developer and a sports & media operating services company went bad, allegations were leveled that the latter "knowingly and intentionally" interfered with the former's business relationships... Continue reading >
