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The Collaborative Clearinghouse for Lawsuits and Other Claims Against ACE Group Insurance Companies

LEXICON INC v. ACE AMERICAN INSURANCE COMPANY et al

ATTENTION: It is possible that this information may no longer be current and therefore may be inaccurate. The index contains both open and closed cases and is not a complete list of cases in which an ACE Insurance Group company is involved. This information is provided to give interested persons an idea of the issues disputed in the indexed cases. For a full understanding of a case, one should read the rest of the court file, including the response. For the most up-to-date and complete information on a case, visit www.pacer.gov or contact the clerk of the relevant court.

Case Number: 
4:09−cv−00067 Search Pacer
ACE Group party(s): 
Opposing Party: 
Lexicon Inc
Court Type: 
Federal
US District Court: 
Eastern District of Arkansas
Date Filed: 
Feb 2 2009

"15. Lexicon timely placed ACE and National Union on notice of the unexpected and unforeseeable catastrophic collapse and the resulting property damage, as covered by the ACE and National Union policies. Despite Lexicon's full cooperation with ACE and National Union in their adjustment and investigation of the claim, and providing those insurers with comprehensive information and back-up as to the damages, both ACE and National Union have yet to indemnify Lexicon for the loss, a loss that occurred nearly two years ago in July of 2007."

UPDATE:

January 7, 2010 - Opinion and Order against Lexicon

January 15, 2010 - Appeal Filed

September 20, 2010 - Appeals Court Opinion:
"We affirm in part, reverse in part, and remand for further proceedings consistent with this opinion."

The provided text is an excerpt from a document filed in this case. For a full understanding of the case, one should read the complete court file, including the response.

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