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Insurer With Excess “Other Insurance” Clause Owes No Defense Obligations

The United States District Court for the Southern District of New York, applying New York law, has held that an E&O insurer had no obligation to contribute toward the defense of an underlying matter in light of its policy’s...more

“Theft of Funds” Exclusion Precludes Coverage Where All Underlying Claims “Arose Out of” Theft

The United States District Court for the Southern District of Florida, applying Florida law, has held that a policy’s “theft of funds exclusion” precluded coverage for an insured law firm under its professional liability...more

Insurer Owes Duty to Defend and Indemnify Nuisance Litigation

A federal district court, applying California law, has held that an insurer owed a duty to defend and indemnify an insured in an underlying nuisance litigation under a not-for-profit D&O policy, as the policy’s pollution,...more

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