Legal Opinion
Level 3 Communications, Inc. v. Federal Insurance Company
Court of Appeals for the Seventh Circuit
Decided November 26, 2001No. 01-1806PublishedCited by 45 opinions
1Opinion of the Court
POSNER, Circuit Judge.
This appeal comes in a diversity suit seeking damages from a pair of insurance companies (a primary carrier, Federal, and an excess carrier that’s no longer a party) that refused to pay on a policy of directors’ and officers’ liability insurance, a “D & O” policy, as it’s known. Despite its name, such a policy insures not only officers and directors themselves but also their corporation if, as happened here, the corporation indemnifies them for their liability. This is known as “company reimbursement coverage,” as distinct from “direct” coverage of the directors and…
2Cases cited16 opinions
- Bank of the West v. Superior CourtCalifornia Supreme Court · 1992
- Securities and Exchange Commission v. First City Financial Corporation, Ltd.Court of Appeals for the First Circuit · 1989
- James S. Jordan, Cross-Appellee v. Duff and Phelps, Inc., Claire v. Hansen, and Francis E. Jeffries, Defendants- Cross-AppellantsCourt of Appeals for the Seventh Circuit · 1987
- Harbor Insurance Company v. Continental Bank CorporationCourt of Appeals for the Seventh Circuit · 1991
- International Insurance Co., a Corporation v. Alfred M. Johns, James W. McFadden Thomas v. Ogletree, Richard W. Sherman, and G. Paul WhortonCourt of Appeals for the Eleventh Circuit · 1989
11 more not listed; retrieve them via the Exa API.
3Cited by45 opinions
- J.P. Morgan Securities Inc. v. Vigilant InsuranceNew York Court of Appeals · 2013
- Ryerson Inc. v. Federal InsuranceCourt of Appeals for the Seventh Circuit · 2012
- Genzyme Corp. v. Federal InsuranceCourt of Appeals for the First Circuit · 2010
- United States v. JacksonCourt of Appeals for the Seventh Circuit · 2008
- Unified Western Grocers, Inc. v. Twin City Fire InsuranceCourt of Appeals for the Ninth Circuit · 2006
40 more not listed; retrieve them via the Exa API.