Judge Finds Policy Limits Coverage To $1M For Insured's Settlement Of Negligence Claim

Judge Finds Policy Limits Coverage To $1M For Insured's Settlement Of Negligence Claim

JACKSONVILLE, Fla. - A professional liability insurance policy provides a $1 million per-claim limit to cover an underlying settlement regarding an insured's negligence in tax preparations because the underlying complaint asserts only one claim, a Florida federal judge ruled Sept. 13 (Camico Mutual Insurance Co. v. Abraham Rogozinski, et al., 10-762, M.D. Fla.; 2012 U.S. Dist. LEXIS 130648).

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