Legal Insights for the Insured

Tag Archives: defense costs

Policyholder Warning: What One Provision Giveth (Defense Costs), Another Provision May Taketh Away

By Nathan Lander on July 10, 2015 Posted in Commercial General Liability (CGL), Professional Liability

Professional liability insurance policyholders often breathe a sigh of relief when their insurer begins funding the costs of defending against a civil claim or government investigation. That is one of the reasons they bought the insurance in the first place! However, as one policyholder recently learned, just because the insurer advances defense costs doesn’t mean … Continue Reading

Mind Your Ds and Os: Policy Language Proves Determinative in Director and Officer Insurance Coverage

By Bradley J. Lorden on August 15, 2014 Posted in Directors and Officers Liability

A recent pair of opinions from New York and Pennsylvania shows the importance of evaluating all parts of director and officer (D&O) insurance coverage, down to each definition. These cases, one holding for the insured and one for the insurer, demonstrate that a policy’s terms can be absolutely critical if the insured seeks indemnification for … Continue Reading

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