The United States District Court for the Central District of California, applying California law, has held that a lending exclusion in a bankers professional liability policy barred coverage for underlying lawsuits alleging...more
1/20/2025
/ Banking Sector ,
Denial of Insurance Coverage ,
Exclusions ,
Financial Institutions ,
Fraud ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Loan Servicing ,
Ponzi Scheme ,
Professional Liability Insurance
The United States District Court for the District of Kansas, applying Kansas law, has held that an insured is not entitled to coverage under a claims-made-and-reported policy because the tendered class action counterclaim was...more
The United States District Court for the Northern District of Illinois, applying Illinois law, has granted a legal professional liability insurer’s motion for summary judgment, holding that its claims-made policy did not...more