Late Notice
Late Notice: No Coverage Where Policyholder Failed To “Immediately Notify” Insurer Of Arbitration Claim. A Texas appeals court, applying Texas law, held Lexington Insurance Co. (“Lexington”) had no duty to cover a $5 million arbitration award obtained by a former employee of its insured who was stabbed in the neck during a workplace scuffle, because Lexington received late notice of... Read More