The United States Court of Appeals for the Ninth Circuit, applying California law, has affirmed a district court’s determination that California Insurance Code § 533 barred indemnity and defense costs coverage for a lawsuit...more
4/17/2025
/ Appeals ,
Breach of Duty ,
Business Litigation ,
California ,
Duty to Defend ,
Fiduciary Duty ,
Indemnity ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Policy Exclusions ,
Professional Liability Insurance ,
Section 553 ,
Willful Misconduct
Applying Delaware law, the Superior Court of the State of Delaware has held that a bump up provision did not bar coverage of a settlement that resolved claims asserting breaches of fiduciary duty.
On December 4, 2019, the...more