Arch Insurance Company (Europe) Ltd., et al. v. Thomas K. Reilly

CourtDistrict Court, D. New Jersey
DecidedApril 24, 2026
Docket2:20-cv-02080
StatusUnknown

This text of Arch Insurance Company (Europe) Ltd., et al. v. Thomas K. Reilly (Arch Insurance Company (Europe) Ltd., et al. v. Thomas K. Reilly) is published on Counsel Stack Legal Research, covering District Court, D. New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Arch Insurance Company (Europe) Ltd., et al. v. Thomas K. Reilly, (D.N.J. 2026).

Opinion

UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY

ARCH INSURANCE COMPANY

(EUROPE) LTD., et al., Civil Action No. 20-cv-2080 (JXN)(SDA)

Plaintiffs,

OPINION v.

THOMAS K. REILLY,

Defendant.

NEALS, District Judge Defendant Thomas K. Reilly (“Defendant”) sued his former employer, Chemoil Energy Ltd. (“Chemoil”). Chemoil filed a counterclaim. Defendant requested coverage for his legal fees under Chemoil’s Directors and Officers insurance policy (“Policy”). Plaintiffs,1 the insurers, agreed to pay Defendant’s costs in defending against the counterclaim and advanced him $880,000 (“Interim Payment”). After Defendant won in arbitration, he sought $2.1 million in attorneys’ fees and costs from Chemoil, including the cost of defending against the counterclaim. Unbeknownst to Plaintiffs, Chemoil and Defendant settled the fee claim for $1.2 million (“Chemoil Settlement”). Because the Chemoil Settlement left Plaintiffs unable to recover the Interim Payment from Chemoil, they sued Defendant instead, alleging breach of contract, breach of the implied covenant of good faith and fair dealing, and quantum meruit. Defendant raised counterclaims for breach of contract and breach of the implied covenant.

1 “Plaintiffs” collectively refer to Arch Insurance Company (Europe) Ltd. n/k/a Arch Insurance (UK) Ltd. (“Arch”), Liberty Mutual Insurance Europe SE (“Liberty Mutual”), Hiscox Dedicated Corporate Member Limited (“Hiscox”), Barbican Corporate Member Limited (“Barbican”), Endurance Corporate Capital Ltd (“Endurance”), and Dual Corporate Risks Ltd (“Dual” or “DUAL”). Before the Court are competing summary judgment motions filed by Plaintiffs (ECF No. 76) and Defendant (ECF No 78). Each party opposed the other’s motion (ECF Nos. 79, 80) and replied in further support of their own (ECF Nos. 81, 82). The Court has carefully considered the parties’ submissions and decides this matter without oral argument pursuant to Federal Rule of Civil Procedure2 78 and Local Civil Rule 78.1. For the reasons set forth below, the cross-motions

for summary judgment are GRANTED in part. I. BACKGROUND A. Statement of Facts3 i. The Policy This case is about a Directors and Officers insurance policy issued to Chemoil. (See DSMF ¶ 2.) Broadly, the Policy insured Chemoil’s directors and officers for costs incurred in responding to investigations, kidnappings, reputational crises, regulatory violations, and relevant here, lawsuits against the director or officer. (See Pls.’ Ex. A (“Policy”) § 3.7, ECF No. 76-3.) The Policy listed Dual, a London-based insurance company, as “Insurer.” (Id. at *13.4) The

Policy provided that The liability of a (re)insurer under this contract is several and not joint with other (re)insurers party to this contract. A (re)insurer is liable only for the proportion of liability it has underwritten. A (re)insurer is not jointly liable for the proportion of liability underwritten by any other (re)insurer. Nor is a (re)insurer otherwise responsible for any liability of any other (re)insurer that may underwrite this contract.

2 “Rule” or “Rules” hereinafter refers to the Federal Rules of Civil Procedure. 3 The Court derives the undisputed facts from the parties’ statements of material facts, affidavits, and exhibits. (See, e.g., Pls.’ Statement of Undisputed Material Facts (“PSMF”), ECF No. 67-1; Def.’s Statement of Undisputed Material Facts (“DSMF”), ECF No. 71-1.) The Court disregards portions of “the parties’ statements of material facts that either lack citation to relevant record evidence and/or contain legal argument or conclusions.” Jones v. Sanko Steamship Co., Ltd, 148 F. Supp. 3d 374, 380 n.9 (D.N.J. 2015) (citing L. Civ. R. 56.1(a)). Likewise, the Court considers facts undisputed where the opposing party’s response relies on “improper arguments, conclusions, and purported disputes of fact without proper citation to the record.” Smith v. Township of Clinton, No. 17-935, 2018 WL 4188457, at *1 (D.N.J. Aug. 31, 2018), aff’d, 791 Fed. Appx. 363 (3d Cir. 2019). 4 Pincites preceded by an asterisk (*) reflect CM/ECF page numbers. ... [T]he proportion of liability under this contract underwritten by each (re)insurer (or in the case of a Lloyd’s syndicate, the total of proportions underwritten by all members of the syndicate taken together) is shown next to its stamp and is referred to as its “written line.” (Id. at *5.) The Policy’s stamp (“Stamp”) appears as follows:

Zor-Arch ingurance Company (Europe) Lid =. | 24% Hiscox Underwriting Ltd under binding °°. euthority from Syndicate 3624 atLioyd's =~

(Id. at *7.) Arch, Liberty Mutual, Hiscox, Barbican, and Endurance (collectively, “Underwriters”’) are the corporate successors to those four insurance companies.’ (PSMF § 10.) Though the Policy identifies Dual as “Insurer,” it did not underwrite any portion of the Policy’s liability. (Policy at *13.) Instead, Dual handled the Policy’s claims on behalf of the Underwriters.° (PSMF § 14-15; Pls.’ Ex. H (“Candy Aff.”) § 10, ECF No. 76-10; Policy at *13 (“Notification of Claims ... shall be given to... DUAL... .”); id. at *56 (listing Dual as “Slip

5 Defendant disputes this fact because the five Underwriters are not the same as the four entities who underwrote the Policy. (Def.’s Counterstatement of Material Undisputed Facts (““CSMF”) 4 10, ECF No. 72-1.) This is true—the five Underwriters are the corporate successors to the four original underwriters. But an insurance policy need not (and indeed, cannot) predict the future of its underwriters. 6 Defendant disputes this fact, arguing that (a) the Policy’s Endorsement page referred to Dual as the “slip leader” (or lead insurer) for the Policy, and (b) the term “Managing General Agent” did not appear anywhere in the Policy. (CSMF 4 13-14.) But “mere allegations, conclusions, conjecture, and speculation will not defeat summary judgment.” Harford Mut. Ins. Co. v. Z&D Realty, LLC, 648 F. Supp. 3d 499, 509 (D.N.J. 2022). Defendant neither explains why Dual’s role as “slip leader” meant it did not handle claims for the Underwriters, nor why the lack of the term “Managing General Agent” meant Dual had some other role within the Policy. Instead, Defendant bridges the gap with conjecture, which the Court disregards.

Leader” and requiring all claims to be agreed “by the Slip Leader” and underwriters)). According to Plaintiffs, this setup is common in the British insurance market: one insurer, often called a “Managing General Agent,” handles all the claims, while other insurers accept all the risk. (PSMF ¶ 14; see also Candy Aff.) Dual and Arch’s claims administrators identified Dual as the Managing

General Agent for the Policy. (Candy Aff. ¶ 9; Pls.’ Ex. I (“Hanson Aff.”) ¶ 7.) The Policy has four provisions relevant to this action: a. The Consent Clause First, the Policy has a Consent Clause, providing: The Insureds shall not admit or assume any liability, offer to settle, enter into any settlement agreement, consent to any judgment, or incur any Claim Costs without the prior written consent of the Insurer, (such consent not to be unreasonably withheld or delayed).

(Policy § 4.4.) A “Claim” means “a written demand for monetary, non-monetary or injunctive relief from a Third Party alleging a Wrongful Act,” or “a civil, criminal, administrative, regulatory or arbitration/mediation proceeding (including any counterclaim).” (Id.

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Arch Insurance Company (Europe) Ltd., et al. v. Thomas K. Reilly, Counsel Stack Legal Research, https://law.counselstack.com/opinion/arch-insurance-company-europe-ltd-et-al-v-thomas-k-reilly-njd-2026.