Panel Affirms Judgment In Coverage Suit Arising From Agency’s Breach Of Contract

(September 20, 2024, 8:57 AM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals affirmed a lower federal court’s finding that an excess insurer breached its duties to defend and indemnify and a primary insurer violated its Stowers duty when it did not accept a marina owner’s settlement demands in an underlying breach of contract lawsuit brought against their mutual insured....