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ALEXANDER & ALEXANDER v. UNDERWRITERS AT LLOYD'S

No. 77, Docket 96-9535.

136 F.3d 82 (1998)

ALEXANDER & ALEXANDER SERVICES, INC. and Alexander & Alexander, Inc., Plaintiffs-Appellants, v. THESE CERTAIN UNDERWRITERS AT LLOYD'S, LONDON, England, Subscribing to Insurance Evidenced by Policy Nos. 879/P.31356 and 879/P.35349, and Assicurazioni Generali S.P.A., Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided January 23, 1998.

Attorney(s) appearing for the Case

James A. Shanman, New York City (Sharfman, Siviglia, Poret, Kook, Ross & Shanman, New York City, on the brief), for Plaintiffs-Appellants.

Lawrence Mentz, White Plains, New York (Peter Hoenig, Elissa Berkman, Biedermann, Hoenig, Massamillo & Ruff, New York City, on the brief), for Defendants-Appellees.

Before: KEARSE, MCLAUGHLIN, Circuit Judges and GODBOLD Senior Circuit Judge.

GODBOLD, Senior Circuit Judge:

This case involves a dispute over insurance coverage. The policy in dispute is an errors and omissions (E & O) policy that promises to provide reimbursement for losses and legal expenses incurred by the insured when it is sued by third parties who claim that the insured or its employees have harmed them. The plaintiffs, Alexander & Alexander Services and Alexander & Alexander, Inc. (A & A), an insurance brokerage conglomerate...

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