Month: November 2006

The California Court of Appeal has held that a directors and officers policy did not cover a nonprofit organization’s directors for liability arising from the organization’s alleged default on municipal bonds. ( Medill v. Westport Ins. Corp. (2006) 143 Cal.App.4th … Read More

The California Supreme Court has ruled that when a vacancy exclusion is subject to an exception for a building “under construction,” the exception applies not only to new construction but to renovations and additions, provided the work requires the substantial … Read More