The United States District Court for the Southern District of Florida, applying Florida law, has held that a property damage exclusion contained in a D&O policy did not bar coverage for a claim brought against a homeowners' association by homeowners alleging a breach of fiduciary duty resulting in property damage. Lumbermens Mut. Cas. Co. v. Dadeland Cove Section One Homeowners' Assoc., Inc., No., 2007 WL 2979828 (S.D. Fla. Oct. 11, 2007). The court held that the exclusion did not apply because "the loss here is the property damage that arises from a claim for breach of fiduciary duty." Although the policy excluded coverage for loss arising from any claim for "loss of use, destruction of or damage to any tangible property," the court opined that the exclusion was meant to preclude coverage only for "damage that should be covered by general liability insurance, such as fire." To the extent that the property damage exclusion was ambiguous, the court held that the ambiguity should be resolved in favor of the association. Accordingly, the court granted summary judgment to the association, holding that the policy covered the breach of fiduciary duty claim brought against the association by the homeowners.