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

ALW Original Content

Indemnity Insurance Company joins suit to deny Builders Risk coverage to Alabama ship builder for construction defect.

June 22, 2011 - Indemnity Insurance Co. of North America has joined eight other insurers to sue an Alabama boat builder to deny claims stemming from damages caused to a tugboat’s new diesel engines.

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Owner Pegs Yacht Damage at $1.45 million; ACE Trims it by $1,449,200

October 26th, 2015 - The owner of a charter yacht has sued ACE American Insurance Co. after it offered him 0.05 percent of the damages and losses to the vessel that he contends are owed.

Daniel Matthew Voorhees and Broadwater Marine Ltd., said that they bought a marine insurance policy from the ACE Group unit in 2014, as they were acquiring the 163-foot M/Y Inevitable. The policy covered damages, expenses and reimbursement for lost charter income.

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Client Sues ACE Over Workers’ Comp Payout Dispute

August 3rd, 2015 - A manufacturer is taking ACE American Insurance Co. to court over its position that the insurer is improperly accounting for funds received as part of a workers’ compensation claim.

The complaint against ACE arises from the March 14th, 2011 workplace injury of a Standex International Corp. employee referred to as John Doe.

Once the worker was hurt, Salem, N.H.-based Standex invoked its workers’ compensation and employers liability policy it had purchased from the ACE Group unit.  

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Boat Won’t Float - Yachtsman Sues Ace

June 22nd, 2015 - Fortuitous or faulty: One of these words is key to determining whether the owner of a sunken yacht is due up to $10 million in damages from insurers that covered the ill-fated vessel.

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"Too Little, Too Late," Judge Tells ACE Unit Fighting Lawsuit Interest Fees

June 15th, 2015 - First, ACE American Insurance Co. was ordered to pay client U.S. Bank $10 million toward settling a class-action lawsuit against the banking giant.

Now, a federal judge in Minneapolis has ordered the ACE Group unit to pay pre-judgment interest plus legal fees of $5 million that the bank expended on defending itself.

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Contractor Sues ACE American After Parking Garage Collapse

May 13th, 2015 - When a concrete deck of a massive garage being built for the Los Angeles mass transit system collapsed as it was being poured, everyone felt lucky that no one was injured. But unluckily for the company in charge of that effort, its insurance company has balked at paying for the damage that resulted.

McCarthy Building Companies Inc., of St. Louis, Missouri, had been hired to handle the construction of a parking deck at a bus maintenance and operations center commissioned by the Los Angeles County Metropolitan Transportation Authority.

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Spoiled Soil Churns Up Lawsuit Against ACE Unit

April 7th, 2015 - A California firm has sued Illinois Union Insurance Co. over the latter’s denial of coverage for a construction site cleanup in Miami.

Malcolm Drilling Co., in a lawsuit filed in U.S. District Court in San Francisco, said that the ACE unit has an obligation to provide legal defense expenses and other professional loss costs associated with a 2013 pollution claim. And it accused the insurer of engaging in fraudulent business practices and violating the California Business and Professional Code in its dealings with Malcolm.

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Contractor Claims Breach of Contract in Lawsuit Against ACE

March 2, 2015 - The general contractor on a billion-dollar timeshare development in Las Vegas had sued ACE American Insurance Co. to force it to pay damages incurred from a lawsuit over the building.

In or about February 2007, Tutor-Saliba Corp. was hired to serve as general contractor for a high-rise resort in Las Vegas that is attached to the Planet Hollywood-Miracle Mile complex. Its owner, Florida-based Westgate Resorts, Ltd., describes the 52-story tower as the world’s largest time-share development, with more than 1,200 rooms.

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ACE Unit Sued On Complaint That It Reneged on Agreement

Mar 2, 2015 - An engineering firm has sued Westchester Surplus Lines Insurance Co. after the ACE Group insurer allegedly backed out of a deal to shoulder millions of dollars of expenses tied to a workplace injury complaint.

Woodard & Curran Inc. and its insurer, Continental Casualty Co., sued Westchester and Cate Street Capital Inc., of Portsmouth, N.H. Cate Street, a venture capital firm that specializes in energy, forestry and reclamation projects, was effectively the owner of the Red Desert Water Treatment and Reclamation Facility, in Rawlins, Wyoming.

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Mortgage Fallout Continues as Realty Services Firm Sues ACE

December 9th, 2014 - The world’s largest privately held commercial real estate services firm has sued ACE American Insurance Co. over its alleged refusal to defend it in a series of actual or threatened lawsuits tied to the mortgage meltdown that began in 2008.

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