SOLERA HOLDINGS v. XL SPECIALTY INSURANCE

C.A. No.: N18C-08-315 AML CCLD.

213 A.3d 1249 (2019)

SOLERA HOLDINGS, INC., Plaintiff, v. XL SPECIALTY INSURANCE COMPANY, Ace American Insurance Company, Illinois National Insurance Company, Arguonaut Insurance Company, Hudson Insurance Company, Endurance American Insurance Company, Zurich American Insurance Company, Liberty Insurance Underwriters Inc., Federal Insurance Company, Defendants.

Superior Court of Delaware.

Decided: July 31, 2019.


Attorney(s) appearing for the Case

David J. Baldwin, Esquire , Carla M. Jones, Esquire of POTTER ANDERSON & CORROON LLP, Wilmington, Delaware, and Peter M. Gillon, Esquire , Alexander D. Hardiman, Esquire , Tamara D. Bruno, Esquire of PILLSBURY WINTHROP SHAW PITTMAN LLP, Washington, D.C., Attorneys for Plaintiff.

Gregory F. Fischer, Esquire of COZEN O'CONNOR, Wilmington, Delaware, and Angelo G. Savino, Esquire of COZEN O'CONNOR, New York, NY, Attorneys for Defendants ACE American Insurance Company and Federal Insurance Company.

Carmella P. Keener, Esquire of ROSENTHAL, MONHAIT & GODDESS, P.A, Wilmington, Delaware, Attorney for Defendants Endurance American Insurance Company and Liberty Insurance Underwriters Inc.

Ronald P. Schiller, Esquire , Michael R. Carlson, Esquire , Matthew N. Klebanoff, Esquire of HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER, Philadelphia, Pennsylvania, Attorneys for Defendant Endurance American Insurance Company.

Scott A. Schechter, Esquire , Matthew E. Mawby, Esquire of KAUFMAN BORGEEST & RYAN LLP, Valhalla, New York, Attorneys for Defendant Liberty Insurance Underwriters Inc.

Bruce W. McCullough, Esquire , of BODELL BOVÉ, LLC, Wilmington, Delaware, Attorney for Defendant Zurich American Insurance Company.

Bruce E. Jameson, Esquire , John G. Day, Esquire of PRICKETT, JONES & ELLIOTT, P.A., Wilmington, Delaware, and Tammy Yuen, Esquire , Kenneth M. McBrady, III, Esquire of SKARZYNSKI BLACK LLC, New York, New York Attorneys for Defendant XL Specialty Insurance Company.

Kurt M. Heyman, Esquire , Aaron M. Nelson, Esquire of HEYMAN ENERIO GATTUSO & HIRZEL LLP, Wilmington, Delaware, and Scott B. Schreiber, Esquire , James W. Thomas, Jr., Esquire of ARNOLD & PORTER KAYE SCHOLER LLP, Washington, D.C., Attorneys for Defendant Illinois National Insurance Company.

Stephen F. Dryden, Esquire of WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP, New Castle, Delaware, Attorney for Defendant Hudson Insurance Company.

John C. Phillips, Jr., Esquire , David A. Bilson, Esquire , of PHILLIPS, GOLDMAN, McLAUGHLIN & HALL, P.A., Wilmington, DE, and Geoffrey W. Heineman, Esquire , Jung H. Park, Esquire of ROPERS, MAJESKI KOHN & BENTLEY, New York, New York, Attorneys for Defendant Argonaut Insurance Company.


OPINION

This case involves the interpretation of a directors' and officers' insurance policy, specifically whether that policy covers attorneys' fees and pre-judgment interest the insured company incurred defending an appraisal action. Plaintiff purchased primary and excess directors' and officers' liability...

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