Breach Of Contract Exclusion Bars D&O Coverage, 11th Circuit Affirms

Mealey's (May 26, 2022, 1:16 PM EDT) -- ATLANTA — The 11th Circuit U.S. Court of Appeals on May 25 affirmed a lower federal court’s finding that a directors and officers liability insurance policy’s breach of contract exclusion precludes coverage for an arbitration demand brought against the insured, finding that the underlying arbitration complaint alleges “a straightforward breach of contract.”...