New York Justice: Insured Vs. Insured Exclusion Does Not Apply To Bar Coverage

(April 30, 2019, 1:54 PM EDT) -- NEW YORK — A New York justice on April 29 held that excess directors and officers liability insurance policies’ “Insured vs. Insured” exclusion does not bar coverage for underlying claims brought by a creditor trust against the insured’s former directors and officers, denying the insurers’ motion to dismiss a breach of contract counterclaim (Westchester Fire Insurance Co. v. Nicholas S. Schorsch, et al., No. 651026/2018, N.Y. Sup., New York Co.)....

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