Courts nationwide have issued a wide range of decisions on insurance coverage for lawsuits arising out of the opioid epidemic under commercial general liability policies. On August 17, 2023, a North Carolina federal court illustrated why coverage is also available under Directors and Officers (D&O) liability insurance policies. In The North Carolina Mutual Whole Company v. Federal Insurance Company, No. 1:22-CV-553, 2023 WL 5312234 (M.D.N.C.), the court determined a drug wholesaler’s D&O policy provides coverage for more than one hundred underlying lawsuits, rejecting the insurer’s argument that two exclusions, the contract and professional services exclusions, barred coverage.
Latest Post
More Posts
The Heated Debate Over the California Department of Insurance’s Heat Community Policy and Parametric Underwriting
NFT Service Brings Litigation Into the Metaverse!
Coverage for Rotten Eggs: Livestock Coverage in the Event of a Crisis
PFAS Regulation and Insurance Coverage Implications
Unanimous California Supreme Court Affirms Breadth of Policy-Interpretation Rules in Confirming That CGL Policies Cover TCPA Liabilities
Digital Asset Insurance Coverage Series, Part 7: Insurance for NFTs
Digital Asset Insurance Coverage Series, Part 6: Brokers And Cryptocurrency Insurance
Digital Asset Insurance Coverage Series, Part 5: How Companies And Consumers With Cryptocurrency Risk Approach Insurance
Digital Asset Insurance Coverage Series, Part 4: History Of Insurance Coverage Specifically Designed For Cryptocurrency
Subscribe: Subscribe via RSS
Firm/Org