• “Insured Versus Insured” Exclusion Bars Coverage for Claims by Receiver Against Bank Officers
  • May 22, 2017 | Author: David M. Plouff
  • Law Firm: Morris Polich & Purdy LLP - San Diego Office
  • In an unpublished decision, the Ninth Circuit concluded that claims brought by FDIC in its capacity as receiver for an insured bank against the bank’s former officers were not covered by the bank’s professional liability policy because of an exclusion barring claims brought by any receiver of the company.