Fee Arrangement Exclusion Bars Coverage, New York Justice Rules

Mealey's (October 11, 2017, 12:53 PM EDT) -- NEW YORK — A New York justice on Sept. 18 granted insurers’ motions for summary judgment in a dispute over coverage for the insureds’ purported participation in kickback schemes involving force-placed insurance, finding that the fee arrangement (FA) exclusion bars coverage and that the legal costs sought by the insureds are not covered losses (QBE Americas, Inc., et al. Ace American Insurance Company, et al., No. 653442/2013, N.Y. Sup., New York Co., 2017 N.Y. Misc. LEXIS 3543)....