CHICAGO - An Illinois appeals panel on March 17 reversed a lower court's finding that professional liability primary and excess insurers have no duty to defend their insureds against two underlying lawsuits challenging how the insureds prepared appraisals for asset-based loans to third-party borrowers (Hilco Trading LLC, et al. v. Liberty Surplus Insurance Corp., et al., No. 1-12-3503, Ill. App., 1st Dist., 1st Div.; 2014 Ill. App. LEXIS 154).