8TH CIRCUIT REJECTS "GOTCHA" POLICY CLAUSES.     In the new case of Century Surety Co. v. Jim Hipner LLC, et al, No. 15-2120 (8th Cir. Nov. 23, 2016) the insurer denied a policyholder's claim due to late notice.  The 8th Circuit panel chastised the insurer for its denial, stating that the insurance company was trying to have it both ways. What does this mean?  Well, Dear Readers, let's dive in and [...]