Bloom Parham Obtains Significant Payout of Insurance Proceeds in Federal Coverage Dispute

Bloom Parham represents an investment firm in an insurance coverage dispute with a large international insurer. The insurer filed a declaratory judgment action in federal court seeking to avoid its coverage obligations under a fund and investment management liability policy. After Bloom Parham concluded expert discovery, including Daubert motions related to the insurer’s experts, the insurer agreed to make a substantial payment to its insured under the policy.