Policyholders Group Backs D&O Coverage Denial Appeal

Law360, New York (March 31, 2017, 2:15 PM EDT) -- A nonprofit insurance policyholders advocacy group asked the Ninth Circuit on Thursday to overturn a California federal judge's decision that an educational technology company isn’t covered for a suit alleging an incentive program for its recruiters broke federal law, saying the lower court rendered the policy meaningless with an overly narrow interpretation.

In an amicus brief, United Policyholders argued the district court erred in finding Scottsdale Insurance Co. did not owe HotChalk Inc. for defense and settlement of the suit, saying that despite the insurer’s escalating...
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