Extract to table

2d 208, 218 (2002) (holding that the contractual-liability exclusion must be read in conjunction with the broader policy language and applied according to its plain terms); Inchaustegui v

An insurer must defend the insured whenever the allegations in the underlying claim, liberally construed, suggest a reasonable possibility of coverage

While this risk must be weighed against the potential benefit of a favorable coverage determination, it is a factor that warrants consideration

Even if coverage were available, WAL would not receive dollar-one coverage; the retention must be exhausted before the insurer's obligations begin

4 million and the magnitude of the indemnity demand, the retentions are relatively modest, but they represent an additional cost that WAL must bear regardless of coverage outcome

Additionally, the D&O policy's definitions of "Claim," "Wrongful Act," and "Loss," as well as any Side C entity coverage provisions and defense-cost advancement provisions, must be reviewed in their entirety