Insurance 101 – Chapter 5 – Volume 32 – Defense without Knowledge of True Facts

Defense without Knowledge of True Facts

In Federated Department Stores, Inc. et al. v. Twin City Fire Insurance Company, et al., 807 N.Y.S.2d 62, 2006 NY Slip Op 00105 (2006), the First Department held that the insurer’s assumption of the defense without knowledge of the true facts was insufficient to stop the insurer from successfully disclaiming coverage upon learning the true facts.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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