Applying Illinois law, the U.S. District Court for the Northern District of Illinois has held that a D&O policy’s professional services and contract exclusions do not bar coverage for lawsuits ...

Although the text of the rule has not been released, Commissioner statements and a fact sheet released today indicate that the forward contract exclusion will be interpreted in a manner consistent ...

A war exclusion clause in an insurance contract refers to the protection of an insurer who will not be obligated to pay for losses caused by war-related events. Insurance companies commonly ...

The town appealed, arguing that the trial court had erred in determining that the allegations of negligent misrepresentation in the Bellsite complaint fell within the policy's contract exclusion.

The contract could amount to as much as $77.5 million over the next 10 years for Cogent. A General Services spokesman said he can’t discuss specifics of AAAE’s exclusion because of the pending ...