CGL Policy Is Not Ambiguous, Panel Says, Remands For Judgment In Insurer’s Favor

(April 30, 2024, 1:23 PM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals reversed a lower federal court’s grant of partial summary judgment in favor of an insured in an insurer’s declaratory judgment lawsuit, finding that the commercial general liability insurance policy unambiguously bars coverage for underlying lawsuits arising from injuries and fatalities that occurred after a car careened off the raceway and collided with spectators at an amateur drag racing event....