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Sixth Circuit determines insurer’s coverage for CPL
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Court Report
Thursday, February 13, 2014
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A title insurer brought a breach of contract action against its professional liability insurer, after the insurer refused to cover the misappropriation of escrow funds from the title insurer’s policyholders by the insured’s limited purpose agent. The U.S. District Court for the Northern District of Ohio granted summary judgment for the professional liability insurer. The title insurer appealed.
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