MURPHY, Circuit Judge.
I. Introduction
Defendant-Appellant Lloyds of London Syndicate 2003 ("Lloyds") appeals the district court's denial of its summary judgment motion and subsequent grant of summary judgment in favor of Plaintiff-Appellee Brecek & Young Advisors, Inc. ("BYA") in an action arising out of a professional liability insurance contract. The district court concluded Lloyds failed to pay sufficient indemnity to BYA for claims brought against...
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