Fifth Circuit Holds Carve-Back Provision Could Not Overcome Breach of Contract Exclusion for Louisiana Wage Payment Act Claim
By EsqSocial Corporation 15/04/25
The United States Court of Appeals for the Fifth Circuit, applying Louisiana law, has held that a breach of contract exclusion barred coverage for a judgment awarded to two employees who were not paid severance as required under their employment agreements, concluding that a carve-back to the exclusion did not apply because the insured’s liability would not have existed but for the employment agreements....
By: Wiley Rein LLP