"From a choice of law perspective, it's reaffirming prior Delaware court decisions about Delaware's strong interest in applying its law to D&O insurance coverage disputes," said Carolyn Rosenberg, a partner in Reed Smith’s insurance recovery group. “From a choice of law perspective, it’s reaffirming prior Delaware court decisions about Delaware’s strong interest in applying its law to D&O insurance coverage disputes,” said Carolyn Rosenberg, a partner in Reed Smith’s insurance recovery group. (Courtesy photo)

Delaware law applies when determining whether insurers need to provide directors and officers liability coverage, the state Supreme Court has ruled affirming a Superior Court’s decision in insurers’ favor.

The opinion links two other recent Supreme Court decisions that have set precedent in resolving disputes over D&O insurance coverage, all clarifying the role Delaware laws play in D&O coverage contracts. The decision was handed down on Jan. 12.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

Complex Claims & Litigation Forum 2023Event

Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases.

Get More Information
 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.