Supreme Court
Denies Review in Lake Cumberland Resort
As here previously reviewed (see The Hidden Dangers of Providing
Indemnity – Loss of Insurance Coverage, June 4, 2012), the Court of Appeals
determined that a directors and officers policy would not provide coverage
where the Lake Cumberland Resort Community Association had granted
indemnification to its officers and directors.
On February 13, 2013,
discretionary review was denied by the Kentucky Supreme Court. As such, the decision rendered in Lake Cumberland Resort Community
Association, Inc. v. Auto Owners Insurance Co., 2012 WL 1758108 (Ky. App.
May 18, 2012) (Not to be Published) continues to stand.
No comments:
Post a Comment