New York Panel: Insurer Does Not Owe Insured Directors, Officers Liability Coverage

(February 3, 2017, 9:22 AM EST) -- BROOKLYN, N.Y. — A New York appeals panel on Feb. 1 found that an insurer has no duty to defend its insured under an insurance policy’s directors and officers liability and entity liability coverage section, reversing a lower court’s ruling against the insurer (Thomas C. Hansard, Jr. v Federal Insurance Co., No. 2014-09639, N.Y. Sup., App. Div., 2nd Dept., 2017 N.Y. App. Div. LEXIS 629)....

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