Judgment Granted To D&O Insurer In Coverage Dispute Involving Insolvent Insurer

Mealey's (March 29, 2023, 10:01 AM EDT) -- KANSAS CITY, Kan. — A Kansas federal judge granted a liability insurer’s cross-motion for judgment on the pleadings in its suit involving an insolvent insurer and seeking a declaratory judgment that the directors and officers (D&O) policy issued to its insured does not provide coverage for claims in an underlying multidistrict litigation antitrust dispute, finding that the prior litigation and managed care activities policy exclusions preclude coverage....