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TriPacific Capital Wins Major Award Against Former Employee

TriPacific Capital Wins Major Award Against Former Employee
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Chubb Unit Has No Defense Obligation For $8.5 Million Suit, Contract Exclusion In D&O Policy Precludes Coverage - Insurance

In the insurance coverage action, the firm argued that Chubb must defend the breach of fiduciary duty claim because it was potentially covered under its D&O policy. ....

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Investment Firm's $8.5 Million D&O Claim Doomed

In TriPacific Capital Advisors, LLC v. Federal Insurance Co., a California federal court recently ruled that a D&O insurer had no duty to defend an investment firm’s $8.5 million employment suit because coverage was barred by the policy’s broad contract exclusion ....

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