Calif. Court Revives Safeco Claim Against Lloyd's

Law360, New York (May 12, 2011, 7:50 PM EDT) -- A California appeals court on Wednesday overturned a summary judgment decision for Lloyd's of London in a lawsuit Safeco Insurance Co. of America brought over defense costs in an underlying legal malpractice case that it settled for $10 million.

A three-judge panel ruled that the trial court erred in granting summary judgment to Lloyd's because there are “triable issues of material fact” as to whether it was given a reasonable opportunity to participate in the settlement of the so-called LeMasters case and whether its consent was...
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