{"id":1367,"date":"2026-02-11T20:53:28","date_gmt":"2026-02-11T20:53:28","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/1367\/"},"modified":"2026-02-11T20:53:28","modified_gmt":"2026-02-11T20:53:28","slug":"chubb-aig-lose-bid-to-reverse-ma-bump-up-insurance-ruling","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/1367\/","title":{"rendered":"Chubb, AIG Lose Bid to Reverse M&#038;A \u2018Bump Up\u2019 Insurance Ruling"},"content":{"rendered":"<p>A contentious directors and officers insurance provision doesn\u2019t bar Chubb Ltd. and American International Group Inc. from covering Harman International Industries Inc.&#8217;s settlement with shareholders in post-M&amp;A litigation, Delaware\u2019s top court ruled, handing a win to corporate policyholders.<\/p>\n<p>The \u201cbump up\u201d exclusion doesn\u2019t apply because the insurers failed to show that the settlement represented an increase in the allegedly inadequate deal price, the Delaware Supreme Court ruled Tuesday, affirming a lower court order.<\/p>\n<p>\u201cBased on the Superior Court\u2019s consideration of the record evidence, we hold that the court did not err in determining that the Insurers did not meet their &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"A contentious directors and officers insurance provision doesn\u2019t bar Chubb Ltd. and American International Group Inc. from covering&hellip;\n","protected":false},"author":2,"featured_media":1368,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[131],"tags":[1766,240,1770,1764,1769,1765,1767,1763,1768],"class_list":["post-1367","post","type-post","status-publish","format-standard","has-post-thumbnail","category-chubb","tag-acquisitions","tag-chubb","tag-director-and-officer-insurance","tag-exclusions-from-coverage","tag-insurance-agents","tag-insurance-brokers","tag-mergers","tag-settlements","tag-shareholder-suits"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/1367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=1367"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/1367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/1368"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=1367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=1367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=1367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}