Panel: Health Plan Provider Was Required To Allocate $350M Global Settlement

Mealey's (September 8, 2017, 2:38 PM EDT) -- ST. LOUIS — The Eighth Circuit U.S. Court of Appeals on Sept. 7 found that a health plan provider bears the burden to allocate a $350 million settlement between a potentially covered lawsuit and a noncovered lawsuit, affirming a lower court’s ruling in favor of four excess insurers in a coverage dispute over the underlying indemnity and defense costs (United Health Group Inc. v. Executive Risk Specialty Insurance Co., et al., No. 15-1076, 8th Cir., 2017 U.S. App. LEXIS 17324)....