Mealey's Insurance - Panel: Claims Against Financial Adviser Do Not Trigger $2M Aggregate Coverage

Mealey's Insurance - Panel: Claims Against Financial Adviser Do Not Trigger $2M Aggregate Coverage

ST. PAUL, Minn. - The Eighth Circuit U.S. Court of Appeals on April 3 reversed a lower federal court's finding that claims against a financial adviser triggered a professional liability insurance policy's aggregate coverage limit of $2 million, remanding for an entry of judgment in favor of the insurer (Crystal D. Kilcher, et al. v. Continental Casualty Co., No. 13-1986, 8th; 2014 U.S. App. LEXIS 6141).

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