Justice Dismisses Directors, Officers Liability Coverage Suit Over Securities Fraud

(July 18, 2018, 12:17 PM EDT) -- NEW YORK — A New York justice on July 7 dismissed a lawsuit alleging that an excess insurer and its parent company engaged in deceptive business practices and breached directors and officers liability insurance policies by failing to provide coverage for underlying securities fraud claims (Chao Jiang v. Ping An Insurance, et al., No. 652260/15, N.Y. Sup., New York Co., 2018 N.Y. Misc. LEXIS 2885)....