Excess Insurer:  Liquidator’s Pursuit Of Coverage For Wrongful Acts Claim Fails

Mealey's (January 21, 2021, 2:02 PM EST) -- SIOUX FALLS, S.D. — An excess insurer argues in a Jan. 19 opposition brief that a South Dakota federal court should deny summary judgment to the liquidator of ReliaMax Surety Co. (RSC) on his declaratory judgment claim that coverage exists under a claims-made excess insurance policy above a directors and officers (D&O) policy with regard to a $21 million wrongful acts claim....

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