Qualcomm, Inc. v. Certain Underwriters at Lloyd's, London

Opinion

O’ROURKE, J.

In this insurance coverage dispute, plaintiff Qualcomm, Incorporated (Qualcomm), appeals from a judgment entered after the court sustained without leave to amend the demurrer of defendant Certain Underwriters at Lloyd’s, London (Underwriters), to Qualcomm’s complaint for declaratory relief and breach of contract. Underwriters, which had issued an excess director and officer insurance policy to Qualcomm, refused to pay under that policy after Qualcomm settled a coverage dispute with its primary insurer for an amount less than the primary insurer’s policy limit and released…