Coverage Barred For Claims Related To Performance Of Pension Plan, Judge Says

Mealey's (September 21, 2015, 2:07 PM EDT) -- MINNEAPOLIS — A general liability insurer has no duty to defend its insured in an underlying suit arising out of the funding of an employee pension benefits plan because the policy at issue clearly excludes coverage for the failure of any investment program to perform as represented by an insured, a Minnesota federal judge said Sept. 16 (Publishing House of the Evangelical Church in America d/b/a Augsburg Fortress Publishers v. Hartford Fire Insurance Co., et al., No. 14-550, D. Minn.; 2015 U.S. Dist. LEXIS 123473)....
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