Mealey's Insurance - Judge: Insurer To Recoup $670,000 In Costs Related To Federal Investigation

ALEXANDRIA, Va. - Four policy exclusions bar directors and officers liability coverage for a global security management and consulting company's defense costs directly related to a massive scheme to defraud the U.S. government, a Virginia federal judge ruled April 23 (Protection Strategies Inc. v. Starr Indemnity & Liability Co., No. 1:13-CV-00763, E.D. Va.; 2014 U.S. Dist. LEXIS 56652).

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