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Liability insurer denies coverage of agent in fraud suit
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Court Report
Friday, November 4, 2011
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After being sued in state court by their underwriter for their alleged participation in a mortgage fraud scheme, a title insurance agency, its owners and two employees looked to their liability insurer to defend them. The liability insurer refused and sought declaratory judgment confirming that it was not required to defend the agent in the case. Read on to find out what the U.S. District Court for the Northern District of Illinois had to say when the case went before it.
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