Delaware Judge: Insured Entitled To D&O Excess Coverage For Employee Arbitration

( August 19, 2026, 11:46 AM EDT) -- WILMINGTON, Del. — A Delaware judge granted in part and denied in part motions for summary judgment filed by a financial services company insured and its first-level excess insurer in a directors and officers coverage dispute over the insured’s defense costs associated with an underlying arbitration arising from claims that the insured recruited a broker-dealer’s employees to steal trade secret software code and proprietary information, holding that the insured is entitled to coverage for the employee arbitration because it does not relate backto a 2021 demand letter that raised concerns about the employeesto trigger the interrelated claims provision....