Extract to table

Self-Insured Retention / Deductible: D&O policies typically include a self-insured retention ("SIR") that must be satisfied before the insurer's payment obligations are triggered under Sides B and C

The precise language of the Albion policy's exclusion must be reviewed

"Occurrence" Requirement The threshold requirement for Coverage A is that the alleged bodily injury or property damage must be caused by an "occurrence," defined as "an accident, including continuous or repeated exposure to substantially the same general harmful conditions

The insurer's duty to defend is broader than its duty to indemnify: "If, liberally construed, the claim is within the embrace of the policy, the insurer must come forward to defend its insured no matter how groundless, false or baseless the suit may be

The insurer must defend the entire action — including non-covered claims — if any claim in the complaint is potentially within coverage

2d 304, 310 (1984) ("If any of the claims against the insured arguably arise from covered events, the insurer is required to defend the entire action