'Related Claim' Exclusion Bars Coverage For Breach Of Fiduciary Suit, Judge Rules

(September 15, 2020, 4:15 PM EDT) -- BRIDGEPORT, Conn. — Judgment was entered in favor of an insurer on Sept. 14, three days after a federal judge in Connecticut granted its motion for summary judgment in finding that a "Directors & Officer and Entity Liability, Employment Liability and Fiduciary Liability" insurance policy's "related claim" exclusion relieves the insurer of its duty to defend against an underlying breach of fiduciary lawsuit brought against its insured (Alexbay LLC v. QBE Insurance Corporation, No. 18-00423, D. Conn., 2020 U.S. Dist. LEXIS 166856)....