Professional Services Exclusion Does Not Bar Coverage, Delaware High Court Affirms

Mealey's (September 15, 2023, 1:20 PM EDT) -- WILMINGTON, Del. — The Delaware Supreme Court on Sept. 14 affirmed a lower court’s $4,907,612.95 final judgment in favor of an insured in its lawsuit seeking coverage for approximately $18 million in losses arising from an underlying False Claims Act investigation, finding that the management liability insurance policy’s professional services exclusion did not bar coverage and that the insurer did not act in bad faith....