Mealey's (May 17, 2017, 12:32 PM EDT) -- ATLANTA — The 11th Circuit U.S. Court of Appeals on May 16 held that a directors and officers liability insurance policy’s prior acts exclusion bars coverage for an underlying $15 million settlement arising from claims that a financial corporation's former executive officers breached their fiduciary duties (Clifford Zucker v. U.S. Specialty Insurance Co., 11th Cir., 15-10987, 2017 U.S. App. LEXIS 8585)....