Federal Judge: Fact Issues Preclude Summary Judgment In Professional Liability Suit

Federal Judge: Fact Issues Preclude Summary Judgment In Professional Liability Suit

TAMPA, Fla. - Genuine issues of fact exist as to whether a title and escrow company is an innocent insured and whether its alleged sole owner was a covered insured when he misappropriated $4.7 million in escrow funds, a Florida federal judge ruled Aug. 2, denying a professional liability insurer's motion for summary judgment (Max Specialty Insurance Co. v. A Clear Title and Escrow Exchange LLC, et al., No. 8:12-cv-727-T-26MAP, M.D. Fla., Tampa Div.; 2013 U.S. Dist. LEXIS 108865).

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