Judge Expands Coverage For FDIC's $176M D&O Claims

By Bibeka Shrestha ( July 9, 2014, 8:11 PM EDT) -- A Puerto Rico federal judge on Wednesday rejected insurers' attempts to apply an insured v. insured exclusion to the Federal Deposit Insurance Corp.'s claims seeking $176 million from former executives of Westernbank Puerto Rico, while expanding coverage in a policy year the insurers argued was out of reach....

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