( May 7, 2025, 1:45 PM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on May 6 denied a bank’s petition seeking rehearing of the panel’s earlier holding that a management liability insurance policy’s “Changes in Exposure” provision unambiguously bars coverage for an underlying breach of fiduciary duty lawsuit, standing by its affirmation of a lower court’s judgment in favor of insurers in the bank’s lawsuit seeking coverage after it became liable for an underlying judgment for the wrongful acts of an acquired company....