Common use of CLAIM DEFENSE Clause in Contracts

CLAIM DEFENSE. The Underwriter shall have the right and duty to defend any Claim covered this Coverage Section, even if any of the allegations are groundless, false or fraudulent. The Underwriter’s duty to defend any Claim shall cease upon exhaustion of the applicable Limit of Liability applicable to such Claim. The Underwriter shall have the right to select and appoint counsel to defend against any Claim. The Underwriter may appoint different defense counsel to represent different Insureds, but only if required due to an actual conflict of interest.

Appears in 4 contracts

Samples: Not for Profit Management Liability Policy, Not for Profit Management Liability Policy, Fiduciary Liability Insurance Policy

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CLAIM DEFENSE. The Underwriter shall have the right and duty to defend any Claim covered this Coverage Section, even if any of the allegations are groundless, false or fraudulent. The Underwriter’s duty to defend any Claim shall cease upon exhaustion of the applicable Limit limit of Liability liability applicable to such Claim. The Underwriter shall have the right to select and appoint counsel to defend against any Claim. The Underwriter may appoint different defense counsel to represent different Insureds, but only if required due to an actual conflict of interest.

Appears in 3 contracts

Samples: Employed Lawyers Liability Coverage, Not for Profit Management Liability Policy, Private Company Management Liability Policy

CLAIM DEFENSE. The Underwriter shall have the right and duty to defend any Claim covered this Coverage Section, even if any of the allegations are groundless, false or fraudulent. The Underwriter’s duty to defend any Claim shall cease upon exhaustion of the applicable Limit of Liability applicable to such Claim. The Underwriter shall have the right to select and appoint counsel to defend against any Claim. The Underwriter may appoint different defense counsel to represent different Insureds, but only if required due to an actual conflict of interest.

Appears in 2 contracts

Samples: Not for Profit Management Liability Policy, Employment Practices Liability Coverage

CLAIM DEFENSE. The Underwriter shall have the right and duty to defend any Claim covered in this Coverage Section, even if any of the allegations are groundless, false or fraudulent. The Underwriter’s duty to defend any Claim shall cease upon exhaustion of the applicable Limit of Liability applicable to such Claim. The Underwriter shall have the right to select and appoint counsel to defend against any Claim. The Underwriter may appoint different defense counsel to represent different Insureds, but only if required due to an actual conflict of interest.

Appears in 2 contracts

Samples: Not for Profit Management Liability Policy, Private Company Management Liability Policy

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CLAIM DEFENSE. The Underwriter shall have the right and duty to defend any Claim covered by this Coverage Section, even if any of the allegations are groundless, false or fraudulent. The Underwriter’s duty to defend any Claim shall cease upon exhaustion of the applicable Limit of Liability applicable to such Claim. The Underwriter shall have the right to select and appoint counsel to defend against any Claim. The Underwriter may appoint different defense counsel to represent different Insureds, but only if required due to an actual conflict of interest.

Appears in 1 contract

Samples: Directors and Officers Liability Insurance Policy

CLAIM DEFENSE. The Underwriter shall have the right and duty to defend any Claim covered by this Coverage Section, even if any of the allegations are groundless, false or fraudulent. The Underwriter’s duty to defend any Claim shall cease upon exhaustion of the applicable Limit of Liability applicable to such Claim. The Underwriter shall have the right to select and appoint counsel to defend against any Claim. The Underwriter may appoint different defense counsel to represent different Insureds, but only if required due to an actual conflict of interest.

Appears in 1 contract

Samples: Not for Profit Management Liability Policy

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