3rd Circ. Lets Hartford Off Hook In D&O Coverage Suit

Law360, New York (October 26, 2009, 7:43 PM EDT) -- A federal circuit panel has upheld a district court's ruling letting Hartford Fire Insurance Co. off the hook in a case regarding directors and officers coverage for G-I Holdings Inc., in a dispute stemming from the liquidation of Reliance Insurance Co.

A three-judge panel ruled that a district court was right to grant Hartford summary judgment on G-I’s claims in the U.S. Court of Appeals for the Third Circuit on Monday.

G-I purchased a policy from Reliance Insurance covering claims made against G-I’s directors and officers...
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