Abifadel v. Cigna Insurance

Opinion

GRIGNON. J.

Defendant and appellant Cigna Insurance Company appeals from a judgment after a court trial in favor of its insureds in a declaratory relief action. The lawsuit arose out of Cigna’s denial of coverage for the indemnity and defense of two lawsuits under a “claims made” directors and officers liability policy issued to the Bank of Northern California. Cigna contends there is no substantial evidence that a claim was made during the policy period, and, therefore, the trial court erroneously found coverage under the policy. We reverse.

Facts and Procedural Background

Formation of…