Insured: Insurer Owes Coverage Under Policy’s Malicious Prosecution Clause

Mealey's (August 18, 2015, 9:34 PM EDT) -- PHILADELPHIA — An insured argued on July 24 in the Third Circuit U.S. Court of Appeals that a lower federal court erred in finding that an insurer does not owe coverage under the malicious prosecution clause of a business/technology insurance policy, further contending that the insured’s bad faith claim is not barred by Pennsylvania’s two-year statute of limitations (Adam J. Hammond v. United States Liability Insurance Co., No. 15-349, 3rd Cir.)....