D&O Policy ‘Related Claims’ Ruling Highlights Importance of How Your Policy is Written

Will a new Delaware Supreme Court ruling regarding directors and officers liability insurance make it more difficult for your company to get future claims covered? A recent ruling by the Delaware Supreme Court interpreting a related claims provision in a D&O policy refused to endorse a bright-line test that would enable policyholders to better understand when multiple claims made in different policy periods may be deemed a single claim made in one policy period.