Axis Insurance Company v. American Specialty Insurance & Risk Services
Case Number:
23-1698
Court:
Nature of Suit:
Companies
Sectors & Industries:
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August 06, 2024
7th Circ. Axes Broker's Win In Buccaneers Deal Coverage Suit
The Seventh Circuit on Tuesday reversed an Indiana federal court's finding that an insurance broker didn't need to indemnify Axis Insurance Co. for the Tampa Bay Buccaneers' voluntary settlement with a player, ruling that the insurers' contract clearly calls for Axis to be indemnified.
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January 09, 2024
Judge Scoffs At Broker's Pose To Insurer In Buccaneers Deal
In an appeal by Axis Insurance Co. seeking to overturn an Indiana federal judge's decision siding with a broker in an indemnity coverage row involving the Tampa Bay Buccaneers, one judge on the appellate panel accused the broker on Tuesday of hiding from Axis' claim until a settlement was reached.