In Another Blow to the “Uninsurability” Defense, Court Holds that Settlement Labeled “Restitution” is Insurable

In previous posts, we have emphasized the continued judicial trend rejecting insurer arguments that losses purportedly sounding in restitution or disgorgement are “uninsurable” under D&O policies. Despite that trend, insurers continue to invoke “uninsurability” under state law or vague notions of public policy, even where such a doctrine has not been recognized in the relevant […]
Must be a Paid Member or a Free Trial Member to Access Content. Members log in here.