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As a service to Jenner & Block's clients and the greater legal community, the firm's Insurance Recovery and Counseling practice maintains online resource centers that offer the latest case law and other developments.
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In the January Insurance Law Update, Jenner & Block Partner David M. Kroeger and Associate Caroline L. Meneau focus on the case of Axis Reinsurance Co. v. Northrop Grumman Corp. The US District Court for the Central District of California ruled in favor of an excess insurer seeking to reduce its coverage obligation. “This opinion highlights the importance of considering an excess insurer’s coverage positions when negotiating coverage with lower-level insurers,” the authors observe. “Even when a policyholder successfully obtains coverage from a lower-level insurer, an excess insurer may seek to revisit that coverage decision.” The ILU was published in Law360.