Texas High Court Reverses Ruling That Insured Vs. Insured Exclusion Is Inapplicable

Mealey's (February 28, 2017, 12:42 PM EST) -- AUSTIN, Texas — The Texas Supreme Court on Feb. 24 found that an appeals court majority incorrectly interpreted the plain language of an insured vs. insured exclusion in a directors and officers liability insurance policy, reversing the majority’s ruling against the insurer (Great American Insurance Co. v. Robert Primo, No. 15-0317, Texas Sup., 2017 Tex. LEXIS 212)....