Prior Acts Exclusion Bars Coverage, Directors & Officers Insurer Tells 11th Circuit

Mealey's (May 6, 2021, 4:06 PM EDT) -- ATLANTA — Arguing that an insurer’s duty to defend “is not limitless,” a directors and officers liability insurer on April 12 asked the 11th Circuit U.S. Court of Appeals to reverse a lower federal court’s ruling that adopted a magistrate’s recommendation to grant nursing home owner insureds’ motion for summary judgment and deny its cross-motion for summary judgment in a coverage dispute arising from claims that the insureds breached fiduciary and statutory duties and caused physical and monetary injuries to one of their residents....