Mealey's (October 22, 2021, 12:29 PM EDT) -- NEW YORK — A federal judge in New York erred in finding that an exclusion barring coverage for losses related to an insured’s misuse of funds did not apply to one of three property and project management service company plaintiffs in a declaratory judgment suit against their insurer, and the judge “at a minimum” should find that the exclusion bars coverage for that company, the insurer says in an Oct. 14 motion seeking reconsideration or certification for interlocutory appeal of the judge’s order that it must continue to defend the companies in a suit related to persistent construction and design defects with the balconies of a condominium....