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Chrysler Insurance Co. v. Greenspoint Dodge of Houston

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eBook details

  • Title: Chrysler Insurance Co. v. Greenspoint Dodge of Houston
  • Author : Supreme Court of Wyoming
  • Release Date : January 30, 2009
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 73 KB

Description

This case arises out of an insurance coverage dispute, involving liability policies insuring a corporation and its officers, among others. The issue here concerns the corporations coverage for defamation. The policies excluded coverage for defamatory statements an insured knew to be false, and the insurance company refused coverage on the basis of this exclusion. The court of appeals concluded, however, that this known-falsity exclusion did not apply to the corporation because no corporate officer knew that the defamatory statements, made by other corporate employees, were false when made. The court accordingly affirmed, in part, a judgment awarding damages for the insurers failure to defend and indemnify its insured. 265 S.W.3d 52.


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