Cornerstone Building Brands challenges insurers over $45 million D&O claim

Berkshire Hathaway issued a follow-form policy, in excess of the Zurich Policy and other exhausted follow-form excess policies, bearing Policy No. 47-EPC-312958-02, for the policy period Nov. 16, 2021 to Nov. 16, 2022, with a $10,000,000 limit. Old Republic issued a follow-form policy, in excess of the Zurich Policy, other exhausted follow-form excess policies, and the Berkshire Policy, bearing Policy No. ORPRO 12 101512, for the same policy period, also with a $10,000,000 limit. The complaint alleges that all underlying insurance has now been exhausted by the payment of covered loss related to the take-private litigation, triggering the obligations of

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