Contract Exclusion Does Not Bar D&O Coverage, Federal Judge Rules

( May 4, 2026, 9:36 AM EDT) -- NEWARK, N.J. — A federal judge in New Jersey denied a directors and officers liability insurer’s motion for judgment on the pleadings in its insureds’ breach of contract and declaratory judgment lawsuit, rejecting the insurer’s argument that the policy’s contract exclusion bars coverage for an underlying action alleging the insureds owe $435,378.93 under a credit card processing services agreement....