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Recent Policyholder Win Highlights Exception to the Insured v. Insured Exclusion in D&O Policies

USA - March 8 2023 A New York Federal judge recently ordered a directors and officers liability insurer to pay $4.5 million that an investment firm had spent defending…

Olivia G. Bushman

Delaware Court Finds Broad D&O Coverage for Directors and Officers in SPAC Claim

USA - March 1 2023 A Delaware court recently issued a significant opinion in a directors and officers liability claim involving a special purpose acquisition company…

Janine A. Hanrahan

Court Holds that Design and Manufacture of Allegedly Injurious Product is Only One Occurrence, In Win for Policyholders

USA - December 6 2022 On November 23, 2022, a federal court in Minnesota highlighted the importance of strategically approaching product liability claims, both in terms of…

Michael S. Levine, Joseph T. Niczky

Kardashian Coverage Conundrums

USA - October 14 2022 Last week, Kim Kardashian settled with the SEC after the SEC announced charges against the social-media and reality TV star for promoting a…

Andrea DeField, Jae Lynn Huckaba

Delaware Corporations May Use Captives to Insure Non-Indemnifiable Loss

USA - February 4 2022 The Delaware legislature recently passed an amendment to the statute governing Delaware corporations’ ability to indemnify directors and officers…

Patrick M. McDermott