Insurer Says $1M D&O Policy Doesn't Cover Nonprofit Execs
By Jody Godoy ( September 16, 2015, 2:44 PM EDT) -- Philadelphia Indemnity Insurance Co. asked a Rhode Island federal court on Tuesday to declare that a $1 million directors and officers policy it issued to a now defunct nonprofit doesn't cover a receiver's suit against former executives accused of mishandling funds....
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