Policy Limits Coverage To $1M For Insured's Settlement Of Claim, Panel Affirms

ATLANTA - The 11th Circuit U.S. Court of Appeals on Sept. 23 affirmed a lower court's ruling that 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 (Camico Mutual Insurance Co. v. Abraham Rogozinski, et al., No. 12-15291, 11th Cir.; 2013 U.S. App. LEXIS 19460).

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