SKECHERS
Seeking to recoup defense costs, Skechers sues insurer
Daily Breeze (Torrance, CA)
Skechers USA Inc. has filed a lawsuit against an insurer for at least $3 million, arguing breach of contract related to its costs in a separate trademark lawsuit brought against the giant shoe company headquartered in Manhattan Beach.
The footwear company, in its suit, said HDI Global Insurance Co. did not pay for its defense in a federal lawsuit about whether Skechers, with its Commute Time shoes, copied the design and name of Easy Spirit's Traveltime women's slip-on shoes.
An HDI Global representative did not immediately reply to a request for comment.
The Los Angeles Superior Court lawsuit was brought Monday against the insurer and also seeks punitive damages, a declaration of the rights and obligations of the parties under the policies, and an injunction against further allegations of unfair competition.
HDI issued policies to Skechers from September 2017 to September 2020, the suit says.
In April 2019, Easy Spirit sued Skechers, asserting damage claims that fall within the policies' coverage for personal and advertising injury, including for allegations of infringement of Easy Spirit's trade dress and slogan in Skechers' advertisement, the suit says.
HDI has failed in its obligations under the policies to pay for a legal defense to Skechers in the Easy Spirit action, according to the suit.
"As a result of HDI's breach of its obligations," the suit says, "Skechers has been improperly forced to bear substantial fees and costs in the defense of the Easy Spirit action and to pay other amounts properly paid by HDI under the policies."
Eight clinics serving seniors open in past two months in St. Louis area [St. Louis Post-Dispatch]
Insurance Covers $600K Settlement With Former New Mexico Schools Chief
Advisor News
- How advisors can help frugal retirees finally enjoy their savings
- Wealth planning vs. estate planning: Honoring your client’s wishes
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
More Advisor NewsAnnuity News
- Jackson Announces New Annuity Offering for AARP Members
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
More Annuity NewsHealth/Employee Benefits News
- Gottheimer joins North Jersey families helped with military pension back pay, health insurance coverage, IRS refunds and more
- Mending Health moves into conservatorship as Oklahoma steps up oversight
- Genworth's McInerney to retire
- Genworth Financial's McInerney to retire
- Let’s stop being insurance salespeople
More Health/Employee Benefits NewsLife Insurance News
- MassMutual announces record $3.3 billion policyowner dividend for 2027
- Protective Completes Acquisition of Obsidian, Establishing Specialty Property and Casualty Business Line
- Jackson Announces New Annuity Offering for AARP Members
- Open Enrollment Starts November 1: Tampa Broker Ryan Michalek Urges Families and the Self-Employed to Check 2027 Costs Before They Auto-Renew
- AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
More Life Insurance News