Policy’s Express Contract Exclusion Bars Coverage, Federal Magistrate Says

( March 4, 2026, 8:26 AM EST) -- SHERMAN, Texas — Noting that at least one other court has reached the same conclusion on similar facts, a magistrate judge determined that an insurance policy’s express contract exclusion unambiguously bars coverage for an underlying breach of contract claim that a homeowners association made against its management company and recommended that a federal Texas court grant the insurer’s motion for summary judgment....