Legal Opinion

Executive Risk Indemnity, Inc. v. Jones

California Court of Appeal

Decided February 20, 2009No. A119005PublishedCited by 8 opinions

1Opinion of the Court

Opinion

RUVOLO, P. J.

I. INTRODUCTION

Respondent Executive Risk Indemnity, Inc. (ERII), issued a $10 million insurance policy to STARS Holding Company, Inc. (STARS, formerly known as myCFO, Inc.), providing coverage for claims arising from investment advice and financial planning services. Appellant Reese M. Jones (Jones), a former client of STARS, brought an arbitration proceeding against STARS to recover damages for faulty investment and financial planning advice STARS gave him. From the start, ERII was aware of Jones’s claim, and was repeatedly requested and encouraged to participate in the…

2Cases cited27 opinions

  1. Taylor v. SturgellSupreme Court of the United States · 2008
  2. Lucido v. Superior CourtCalifornia Supreme Court · 1990
  3. Clemmer v. Hartford Insurance Co.California Supreme Court · 1978
  4. People v. SimsCalifornia Supreme Court · 1982
  5. Vandenberg v. Superior CourtCalifornia Supreme Court · 1999

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3Cited by8 opinions

  1. Silverado Modjeska Recreation & Park District v. County of OrangeCalifornia Court of Appeal · 2011
  2. Andrew ex rel. Pretner v. Century Surety Co.District Court, D. Nevada · 2015
  3. Teleflex Medical Inc. v. National Union Fire Insurance Co. of PittsburghCourt of Appeals for the Ninth Circuit · 2017
  4. Johnson-Killion v. Universal North America Insurance CompanyDistrict Court, N.D. California · 2022
  5. MRFranchise, Inc. & Mike Rafipoor v. P Stratford Insurance CompanyDistrict Court, D. New Hampshire · 2024

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