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Home / Opinion Digests / Jury Verdict Triggers ‘In Fact’ Exclusion (access required)

Jury Verdict Triggers ‘In Fact’ Exclusion (access required)

An Alexandria U.S. District Court says a former president of a mortgage company, convicted of conspiracy and fraud, is not entitled to coverage under the company’s Directors, Officers and Private Company liability policy for defense of executive’s criminal prosecution. Defendant National Union Fire Insurance Company issued a Directors, Officers and Private Company liability policy to plaintiff’s ...