H & R Block, Inc. v. American International Specialty Lines Insurance

LOKEN, Chief Judge.

This diversity action raises an insurance coverage issue of first impression: whether class actions filed against nationwide tax preparer H & R Block (“Block”) asserting a variety of statutory and common law claims arising out of Block’s Refund Anticipation Loan (“RAL”) program are excluded from “prior acts” coverage under professional liability “claims made” insurance policies because other class actions asserting similar claims were filed prior to the policy periods. The district court 1 granted summary judgment to the insurers, American International Specialty Lines…