Judge: Prior Acts Exclusion Bars Coverage For Director But Not For Corporate Entity

Mealey's (March 27, 2019, 11:32 AM EDT) -- SALT LAKE CITY — A Utah federal judge on March 22 found that a directors and officers liability insurance policy’s prior acts exclusion does not excuse the insurer from defending its corporate entity insured against an underlying qui tam lawsuit but does apply to bar coverage for the entity’s director (Center For Excellence In Higher Education, Inc., et al. v. RSUI Indemnity Company, No. 17-1329, D. Utah, 2019 U.S. Dist. LEXIS 48413)....