Company Overview of National Union Fire Insurance Company of Pittsburgh PA
National Union Fire Insurance Company of Pittsburgh PA provides commercial and personal insurance solutions in the United States. It offers accident insurance solutions for business and individual customers. The company was founded in 1901 and is based in New York, New York. National Union Fire Insurance Company of Pittsburgh PA operates as a subsidiary of AIG Property Casualty U.S., Inc.
70 Pine Street
New York, NY 10270
Founded in 1901
Key Executives for National Union Fire Insurance Company of Pittsburgh PA
Compensation as of Fiscal Year 2014.
National Union Fire Insurance Company of Pittsburgh PA Key Developments
National Union Fire Insurance Co. of Pittsburgh and Bob Graham Settle Lawsuit
Sep 3 14
An insurer has agreed to pay $250,000 to settle a lawsuit filed by former Wyoming County Council on Aging director Bob Graham over its refusal to provide a defense for him after he was sued by the state. Graham said he and National Union Fire Insurance Co. of Pittsburgh agreed to the settlement. The lawsuit sought damages for aggravation and inconvenience. The settlement, if approved by the U.S. District Court in Bluefield, would end a long legal battle, both civil and criminal, over Graham's tenure as the director of the aging council and another nonprofit, All Care Home and Community Services. The state sued Graham, the aging council and All Care in 2004, alleging they breached public trust in their use of public funds. The lawsuit was dismissed as moot in 2009 after the organizations' boards removed Graham as director. National Fire refused to provide a defense for Graham in the state's lawsuit, and he sued the insurer in 2010. U.S. District Judge David Faber ruled in favor of National Fire but the Virginia-based U.S. 4th Circuit Court of Appeals overturned the ruling in 2012 and sent the case back. A year later, Graham recovered about $278,000 in legal fees from National Fire. However, Faber ruled that Graham could not recover damages for aggravation and inconvenience. A three-judge panel of the appeals court overturned that ruling in February.
Former Owner of the Houston Astros Files a Lawsuit against National Union Fire Insurance Co. of Pittsburgh
Jun 16 14
The former owner of the Houston Astros filed a lawsuit against National Union Fire Insurance Co. of Pittsburgh alleging wrongful denial of coverage in connection with a lawsuit arising from the sale of the team in 2013. McLane Group L.P. is the named entity on a commercial liability policy issued by National Union that lists McLane Champions L.L.C. as an additional insured. According to the lawsuit, R. Drayton McLane Jr. and McLane Champions sold the team and rights to the team's television contract. The buyer, Jim Crane, then filed a lawsuit against McLane Champions, alleging misrepresentation and failure to disclose. McLane Champions tendered the defense of the underlying lawsuit to National Union. McLane Champions alleges that, although National Union advanced defense costs to McLane individuall, it wrongfully denied coverage to McLane Champions under an exclusion for contractual liability.
U.S. District Court for the Southern District of California Announces Judgment in Lawsuit between Fidelity National Financial Inc. and National Union Fire Insurance Company of Pittsburgh PA
May 5 14
The U.S. District Court for the Southern District of California held a magistrate judge misinterpreted California's Cumis statute in relation to a settlement evaluation memorandum and, therefore, erroneously held that an insurer waived its attorney-client privilege. After learning of allegations that it was involved in a Ponzi scheme, Fidelity National Financial Inc. provided notice to its insurer, National Union Fire Insurance Co. of Pittsburgh, PA., which issued two separate policies, an errors and omissions (E&O) policy and a financial institution bond. In connection with its coverage investigation under the E&O policy, National Union requested that defense counsel provide an analysis of potential liability for one of the underlying claims. Subsequently, Keith and Joni Holdaways offered to settle their suit for $19 million. Fidelity tendered the settlement to National Union under the E&O policy. National Union replied that it did not have enough information to evaluate the reasonableness of the Holdaways' offer. Fidelity then provided National Union with a memo written by defense counsel, but demanded National Union create an ethical wall between the E&O and the bond claim files for the purpose of maintaining Fidelity's attorney-client privilege between the two claims. After the insurer paid its limit on the E&O policy, National Union and Fidelity disputed whether additional coverage was available under the bond. In the ensuing coverage litigation, National Union's expert relied on defense counsel's memo, which it obtained from the E&O claim file. Fidelity then filed a motion for discovery sanctions alleging National Union improperly relied on an attorney-client privileged document. A district court magistrate judge granted the motion, and Fidelity appealed. The district court affirmed in part and reversed in part the magistrate judge's order. The court held National Union could not use the attorney's confidential legal memorandum assessing the settlement offer under the E&O policy against Fidelity in the action on the separate financial institution bond. California's Cumis statute required Fidelity to provide National Union's E&O claims department with the attorney's candid and complete evaluation of whether or not to settle the Holdaways' suit against Fidelity. Fidelity was required to share the case evaluation memorandum with National Union to obtain the benefits of the E&O policy. Consequently, the district court concluded National Union was limited to using the privileged document to evaluate the settlement of the underlying action in connection with that particular insurance policy. The court concluded Fidelity did not directly or impliedly waive the attorney-client privilege in relation to any other insurance policy, including the bond issued by National Union.
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