D&O Insurer Has No Duty To Defend, Indemnify Attorney General’s UCL, FAL Suit

Mealey's (September 16, 2019, 12:05 PM EDT) -- LOS ANGELES —A federal judge in California on Sept. 10 held that under California Insurance Code Section 533.5, a directors and officers liability insurer has no duty to defend or indemnify its insured against an underlying unfair competition and false advertising lawsuit brought against its insured by the California attorney general (Adir International, LLC, et al. v. Starr Indemnity and Liability Company, et al., No. 19-04352, C.D. Calif., 2019 U.S. Dist. LEXIS 155321)....