By Josh Liberatore (June 23, 2022, 9:04 PM EDT) – An RSUI unit fails to cover Rush Street Gaming settlement with an executive who says he was denied a stake after the company casino went public, the insurer told an Illinois federal court, saying a liability policy excluded coverage for claims related to compensation and employment contracts.
In a lawsuit filed Wednesday, RSUI Indemnity Co. said Rush Street could not obtain coverage for the settlement reached with Tim Anderson in an underlying lawsuit because the company’s management liability policy de casino does not cover allegations that it failed to deliver in the course of employment. Contract.
Anderson alleged that he and Rush Street…
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