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A Tuesday Delaware Supreme Court decision upholding coverage for Dole Food Co. Inc. marks a win for companies wanting to cash in on directors and officers liability insurance coverage.

The court upheld a Superior Court decision, stating that neither Delaware law nor RSUI Indemnity Co.’s policy removed RSUI’s coverage duty in two lawsuits settled against Dole, and it may have given Delaware the most comprehensive larger settlement rule in the country.

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Ellen Bardash

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