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Risk and Recovery: Legal Insights for the Insured

Category Archives: Organizational Liability

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New York Court Reaffirms That Grand Jury Subpoenas Constitute “Claims” Under Language Commonly Used In Liability Policies

Posted in Grand Jury Investigation, Organizational Liability

Syracuse University and National Union Fire Insurance Company recently settled a much-watched coverage battle over National Union’s obligation to cover Syracuse’s costs in responding to grand jury subpoenas.  Fortunately for policyholders, National Union’s decision to settle came after Syracuse prevailed in the trial and intermediate appellate courts, yielding a pro-policyholder decision that such subpoenas fall… Continue Reading