Legal Opinion

Safeguard Scientifics, Inc. v. Liberty Mutual Insurance

District Court, E.D. Pennsylvania

Decided June 6, 1991No. Civ. A. 90-6592PublishedCited by 58 opinions

1Opinion of the Court

MEMORANDUM AND OPINION

KATZ, District Judge.

This is a dispute about coverage under a liability insurance contract for the costs of defending and settling a complex business lawsuit after a three month trial in New York. Each side takes a position at the extreme. The insurance company declines to contribute to the costs of defense and settlement, even though the policy provided coverage for slander and the underlying lawsuit contained a claim for slander. It relies on a wooden reading of the underlying complaint and a narrow exclusion in the insurance contract, ignoring modern pleading rules…

2Cases cited21 opinions

  1. Griffith v. United Air Lines, Inc.Supreme Court of Pennsylvania · 1964
  2. Fitzpatrick v. American Honda Motor Co.New York Court of Appeals · 1991
  3. Brakeman v. Potomac Insurance Co.Supreme Court of Pennsylvania · 1977
  4. Gedeon v. State Farm Mutual Automobile InsuranceSupreme Court of Pennsylvania · 1963
  5. Cadwallader v. New Amsterdam Casualty Co.Supreme Court of Pennsylvania · 1959

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3Cited by58 opinions

  1. The Frog, Switch & Manufacturing Co., Inc., in No. 98-7552 v. The Travelers Insurance Company (d.c. Civ. No. 98-Cv-00643) the Frog, Switch & Manufacturing Co., Inc., in No. 98-7553 v. United States Fire Insurance Company (d.c. Civ. No. 98-Cv-00758)Court of Appeals for the Third Circuit · 1999
  2. Lucker Manufacturing, a Unit of Amclyde Engineered Products, Inc. v. The Home Insurance CompanyCourt of Appeals for the Third Circuit · 1994
  3. Benjamin Post v. St Paul Travelers Ins CoCourt of Appeals for the Third Circuit · 2012
  4. Richard C. Fuisz v. Selective Insurance Company of AmericaCourt of Appeals for the Fourth Circuit · 1995
  5. Sherwood Brands, Inc. v. Hartford Accident & Indemnity Co.Court of Appeals of Maryland · 1997

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