( February 17, 2026, 10:39 AM EST) -- NEW YORK — A federal judge in New York granted a defendant insurer’s motion to dismiss a plaintiff insurer’s claims for declaratory judgment, unjust enrichment and equitable subrogation in a coverage dispute arising from a criminal proceeding in Morocco alleging fraud, misappropriation of funds, criminal bankruptcy and money laundering against a company that managed a hotel, holding that the defendant insurer’s management liability insurance policies expressly state that they are excess over other excess policies while the plaintiff insurer’s directors and officers liability insurance policy does not....