1st Circuit Affirms Dismissal Of Coverage Suit Over Land Development Dispute

(August 18, 2023, 11:41 AM EDT) -- BOSTON — The First Circuit U.S. Court of Appeals affirmed a lower federal court’s dismissal of a preservation trust insured’s lawsuit seeking coverage for its underlying defense and indemnification costs arising from a land development dispute, rejecting the insured’s contention that the language of the prior pending exclusion amendment is ambiguous....