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ROBERTSON STEPHENS, INC. v. CHUBB CORP.

C.A. No. 05-360 S.

473 F.Supp.2d 265 (2007)

ROBERTSON STEPHENS, INC. and Bank of America Corp., as successor to Fleetboston Financial Corp., Plaintiffs, v. CHUBB CORP., Federal Insurance Co., Chubb & Son, Inc., and Bullfinch Indemnity Company, Ltd., as successor to FFG Insurance Co., Ltd., Defendants.

United States District Court, D. Rhode Island.

February 14, 2007.

Attorney(s) appearing for the Case

Howard A. Merten, Steven E. Snow, Partridge, Snow & Hahn, LLP, Providence, RI, for Plaintiffs.

Jonathan A. Constine, Hogan & Hartson L.L.P., Washington, DC, Stephen J. Reid, Jr., Blish & Cavanagh, LLP, Matthew F. Medeiros, Little, Medeiros, Kinder, Bulman & Whitney, Providence, RI Geoffrey J. Vitt, Vitt & Rattigan, PLC, Norwich, VT, for Defendants.

OPINION AND ORDER

SMITH, District Judge.

This diversity action raises several novel and interesting insurance law issues. It arises from an insured's allegation that Its insurer both failed to defend it from claims of breach and to indemnify it for a settlement within the policy's aggregate limit. The insured also has sued the insurer's claims administrator. The relationships of the parties gives the...

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