Insured V. Insured Exclusion Bars D&O Liability Coverage, Federal Judge Rules

( August 21, 2026, 10:02 AM EDT) -- SAN JOSE, Calif. — A federal judge in California granted a business and management liability insurer’s motion for summary judgment on an assignee’s claims for breach of contract, bad faith and punitive damages in a directors and officers liability coverage dispute over an underlying lawsuit alleging breaches of fiduciary duties, holding that the policy’s Insured v. Insured Exclusion relieved the insurer of its duty to defend and indemnify....