Judge: Employees' Actions Defeated Coverage Under Professional Liability Policy

Judge: Employees' Actions Defeated Coverage Under Professional Liability Policy

MINNEAPOLIS - A professional liability policy's customer funds exclusion clearly precluded coverage for two title insurance employees accused of misuse of customer funds, a Minnesota federal judge ruled Sept. 25, granting judgment in the liability insurer's favor on bad faith and breach of contract claims against it (Charles E. Bethel II, et al. v. Darwin Select Insurance,  No. 0:11-cv-02242, D. Minn.; 2012 U.S. Dist. LEXIS 136558).

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