Sexual Misconduct Exclusion Ambiguous, Nevada Federal Judge Determines

(August 29, 2024, 11:23 AM EDT) -- LAS VEGAS — An insured’s assignee, who is seeking to satisfy a $20 million judgment entered against the insured, is entitled to summary judgment on a breach of contract claim because the policy’s sexual misconduct exclusion is ambiguous and must be construed in favor of coverage, a Nevada federal judge said in granting the assignee’s motion....