Audit Bureau of Circulations sues AXIS Specialty in class action coverage dispute

A non-profit corporation that assists the advertising community by independently determining the circulation of commercial publications has accused AXIS Specialty Insurance Company of refusing to pay its legal costs and fees occurred in defending two class action lawsuits.
Details are contained in a civil complaint that was filed against AXIS by the Audit Bureau of Circulations, which is incorporated in Illinois and based in Schaumburg, Illinois, at the U. S. District Court for the Northern District of Illinois on May 28, 2008. The causes of action are breach of contract, and unreasonable and vexatious failure to provide coverage.