The insurer accepted the defense under a reservation of rights. The union tendered the suit to Federal under the Directors & Officers Liability and Entity Liability Coverage sections of its general liability policy. in the 1997 reboot. (He did not, however, grow up to be Alice Cooper.) He is famous for personating Leave It To Beaver’s Eddie Haskell in the 1960s, but his range extended all the way to the role of Eddie Haskell Sr. In September 2007, one member filed a class action for restitutionary relief, compensatory and punitive damages and attorneys’ fees in Superior Court in Los Angeles, alleging that SAG had held the foreign levy funds for an “unreasonably long period of time.” The actor in question was Ken Osmond. Since 1996, the Screen Actors Guild (SAG) has collected those payments on behalf of its members. Under various intellectual property laws, foreign governments must pay “foreign levy funds” to actors in American films. 15, 2016)-a case involving one of the most morally ambiguous figures that American culture has produced.
Increasingly, however, policies incorporate those courts’ reasoning into “ return of remuneration” or “ return of profits” exclusions, stating that there is no coverage for claims based on “ profit, remuneration or advantage” to which the insured “ was not legally entitled.” The advantage of such exclusions was recently illustrated in Screen Actors Guild-AFTRA v. 2012) (“You can’t … sustain a ‘loss’ of something you … shouldn’t … have”). Some courts have addressed the problem by asking if the insured has suffered an insurable “loss.” E.g., Ryerson Inc. Everyone agrees in principle that insurance shouldn’t help bad actors benefit from their wrongdoing, but parties often clash over where the principle applies. Moral hazard lurks around the edges of many disputes about liability coverage. Eddie: Well, look, there’s nothin’ to be so shook about.
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