Title Insurer Convinces Calif. Court To Overturn $1M Defeat

Law360, New York (June 14, 2013, 3:48 PM EDT) -- A California appeals court has reversed a judgment of more than $1 million against Chicago Title Insurance Co. in a coverage dispute with Liberty National Enterprises LP over a suit claiming fraud, according to a decision published Thursday that rejected Liberty's efforts to distinguish a significant 1981 ruling.

Applying an appeals court ruling in Safeco Title Insurance Co. v. Moskopoulos, the California appeals court ruled that Chicago Title had no duty to defend Liberty against an underlying suit because the lawsuit accused Liberty of tortious conduct...
To view the full article, register now.