September 16, 2022
A shipping company CEO and his insurers reached a settlement agreement in their dispute over whether the executive had coverage under the company's directors and officers policy, the sides told a Washington federal court.
August 03, 2022
A shipping company CEO accused of mounting a campaign to force out his predecessor said he's owed defense coverage under the directors and officers, or D&O, portion of his company's policy, telling a Washington federal court that an insurer can't rely on an insured-versus-insured exclusion.
June 14, 2022
A shipping company CEO accused of improperly attempting to oust his predecessor is not covered under the directors and officers coverage portion of the company's policy, an insurer told a Washington federal court, saying coverage for an action between insureds is barred by a policy exclusion.
September 14, 2021
Two insurers said they needn't defend a shipping company CEO in a suit brought by his predecessor claiming the current officer improperly sought his ouster, telling a Washington federal judge that, because both executives are covered by the policy, their claims against each other are excluded.