Liability insurance policies are typically written on either an “occurrence” basis or a “claims made” basis. Under an occurrence-basis policy, the liability will be covered if the.
Applying Illinois law, the First District Appellate Court of Illinois has held that a related wrongful acts provision barred coverage for a series of “claims” made over the course of.
Policyholders with claims made D&O liability insurance – or any other type of claims made liability insurance – should take care to closely review both the terms of the notice requirements within their policies and.
The U.S. Court of Appeals for the Seventh Circuit in Hanover Ins. Co. v. R.W. Dunteman Co., 2022 WL 13769371, - F.4th - (7th Cir. Oct. 24, 2022), recently interpreted Illinois law.