Appeals Panel Finds Umbrella Policy Not Triggered Until Settlement Is Fully Paid

Appeals Panel Finds Umbrella Policy Not Triggered Until Settlement Is Fully Paid

PHILADELPHIA - A Pennsylvania Superior Court panel on Nov. 6 partly reversed and partly affirmed a trial court's summary judgment in favor of an umbrella insurer and its duties to defend and indemnify an engineering contractor in an underlying negligence lawsuit, finding that a professional services exclusion did not preclude coverage (Lexington Insurance Co. v. The Charter Oak Fire Insurance Co., et al., No. 2876 EDA 2012, Pa. Super.; 2013 PA Super 286; 2013 Pa. Super. LEXIS 3146).

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