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Liability insurer, underwriter dispute responsibility for agent negligence
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Court Report
Wednesday, October 7, 2015
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A professional liability insurer sued its insured title agent, a title policy holder and title underwriter, seeking a declaratory judgment that it had no duty to defend the agent in a suit brought by the policy holder or any related claims brought against the agent by the underwriter. The title agent had failed to discover defects in title to the policy holder’s property, which was encumbered by more than $2 million in liens. The underwriter had worked to quiet title to the property on behalf of the policy holder and sought to dismiss the liability insurer’s suit. Read on for more details.
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