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Federal Court Upholds Damage Award for Carrier's Breach of Contract

Wednesday, October 16, 2024 | 0

The U.S. 10th Circuit Court of Appeals ruled that an employer was entitled to more than $541,000 in damages for its insurance carrier’s breach of contract. Case: MVT Services LLC v. Great West Casualty Co., No. 23-2070, 10/02/2024, published. Facts: MVT Services LLC purchased a workers’ compensation and employers’ liability policy from Great West Casualty Co. for coverage from January 2013 through January 2014. The policy had a limit of $1 million per accident. MVT also purchased a nonsubscriber insurance policy from Crum & Forster Specialty Insurance Co. for...

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