In an action applying Florida law, a federal district judge ruled in favor of a Directors and Officers liability insurer, finding that the “insured versus insured” exclusion applied to bar both a defense and coverage of an underlying action. In the underlying action, two condominium owners – one of which was a past condominium president – sued a contractor and the Marbella Condominium Association, alleging improper installation of hurricane impact windows and sliding glass doors. At the root of the problem was the contractor’s installation of green rather than gray glass, the latter of which was required by City Ordinance. Read the article……………..
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