D&O Coverage Dispute Dismissed Per Liquidator And Excess Insurer’s Stipulation

Mealey's (June 8, 2023, 9:19 AM EDT) -- SIOUX FALLS, S.D. — Two days after a liquidator and an excess insurer filed a joint stipulation of dismissal in the liquidator’s suit seeking a declaration 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, a South Dakota federal judge issued a one-page order dismissing the case....