Jacquelyn Burke, Cecelia Lockner, Carl Metzger, Brian Mukherjee and George Schneider | Goodwin When in Doubt, Notice the Claim! As a general matter, coverage under a D&O insurance policy may be triggered by receipt of any written notice alleging a so-called wrongful act. Even a counterclaim in a lawsuit in which you are the plaintiff… Continue reading What to Do When Faced With a Potential Claim Under Your D&O Insurance Policy
Tag: Written Notice
Another Judicial Reminder for Policyholders to Carefully Review Policy Language and Provide Timely Notice of a “Claim”
Stephen Foresta, Aaron Jaroff and Lee Royster | McGuireWoods Insurance policies invariably require insureds to submit timely written notice of a “Claim” made by third parties to obtain coverage from the insurer. A recent decision from the United States District Court for the Southern District of New York is yet another reminder that insureds need… Continue reading Another Judicial Reminder for Policyholders to Carefully Review Policy Language and Provide Timely Notice of a “Claim”