Judge Allows Counterclaim Under Washington’s Fair Insurance Conduct Act To Proceed

Mealey's (June 1, 2022, 8:49 AM EDT) -- WILMINGTON, Del. — A federal judge in Delaware on May 23 held that an insurer is entitled to a declaration of no coverage and no bad faith, recoupment of underlying defense costs and summary judgment on all but one of an insured’s counterclaims in a directors and officers liability coverage dispute arising from lawsuits brought by the Securities and Exchange Commission and shareholders....