Prior-Knowledge Exclusion Precludes Coverage, Insurer Argues To 5th Circuit

Mealey's (July 13, 2016, 9:42 AM EDT) -- NEW ORLEANS — A professional liability insurer tells the Fifth Circuit U.S. Court of Appeals that its policy’s prior-knowledge exclusion bars coverage for an underlying malpractice claim against its law firm insured, seeking reversal of a $29,799,781.79 judgment against it (OneBeacon Insurance Company v. T. Wade Welch & Associates, et al., No. 15-20402, 5th Cir.)....