Medical Mutual Insurance Compa v. Indian Harbor Insurance Compan

Filing 920091008

Opinion

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var WPFootnote1 = 'Of the Seventh Circuit, sitting by designation.\
'

var WPFootnote2 = ' The parties agree that Section I(B) is the only policy\
provision that might entitle MMIC to reimbursement. \
'

var WPFootnote3 = ' To be sure, the omitted portion of the definition mentions\
"the Company," but this refers only to coverage under Section I(C)\
of the policy. That section, in turn, covers only losses resulting\
from securities claims "made against the Company . . . for a\
Company Wrongful Act." The policy\'s definition of "claim" makes\
this distinction pellucid: "\'Claim\' means . . . a formal civil,\
criminal, administrative regulatory proceeding or formal\
investigation of an Insured Person or the Company (but with respect\
to the Company only for a Company Wrongful Act) . . . ."\
'

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