Alerts11.7.22
Seventh Circuit Takes Broad View of Relatedness Under D&O ‘Claims Made’ Policies
Federal appeals court holds a complaint that originally has one declaratory-relief claim against one company and is amended to add damages claims against additional companies and directors constitutes a single claim for the purposes of a “claims made” D&O policy
On Oct. 24, the U.S. Court of Appeals for the Seventh Circuit adopted a broad view of “related claims” and “related wrongful acts” in a decision that could affect numerous holders of “claims made” insurance policies.
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