Exclusions
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No Defense for Employees' Criminal Actions
December 06, 2021 | Core Article Library|Discussion
The employees of Armstrong Coal Company [allegedly] falsified coal dust samples for the purpose of showing the company to be in violation of safety standards and potentially halt production. However, the policy excluded coverage for pollution and their legal costs weren't covered.
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Prior and Pending Litigation
January 14, 2019 | Discussion
This discusses exclusions for prior and pending litigation on D&O policies.
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Regulatory Exclusions
May 02, 2016 | Discussion
Regulatory Exclusions May 2, 2016 A regulatory exclusion may be incorporated into the D&O policy form or added as an endorsement.…
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Dishonest, Fraudulent, and Criminal Acts
May 02, 2016 | Discussion
Dishonest, Fraudulent, and Criminal Acts May 2, 2016 Today, many lawsuits against directors and officers contain allegations of fraud,…
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Date Recognition
April 23, 2015 | Discussion
Date Recognition (Year 2000) October 2004 In the late 1990s, many D&O insurers began issuing policies that contained exclusions for Year 2000 (Y2K)…
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Securities Exchange Act of 1934
June 18, 2013 | Discussion
Securities Exchange Act of 1934—Section 16(b) May 2007 Many policy forms contain exclusionary language relating to Section 16(b)…
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ERISA
May 08, 2013 | Discussion
ERISA May 8, 2013 Most D&O policies exclude any claim for violation of duties imposed by the federal Employee Retirement Income Security…
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Abuse of Process Suit Unsuccessful in Arizona
September 26, 2012 | Historical Lit Watch
The U.S. District Court for the District of Arizona dismissed a claim for abuse of process.
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Bodily Injury/Personal Injury/Property Damage/Advertising Injury (BI/PI/PD/AI)
August 02, 2011 | Discussion
Bodily Injury/Personal Injury/Property Damage/Advertising Injury (BI/PI/PD/AI) August 2, 2011 All D&O policies contain exclusions for loss associated…
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Uninsured Loss
November 02, 2010 | Discussion
Uninsured Loss November 2, 2010 In most D&O policies, the definition of loss contains a list of elements that are identified as being uninsured…