Golden Eagle Escapes $29M Wrongful Death Coverage Suit

Law360, New York (May 15, 2012, 1:39 PM EDT) -- A California appeals court on Monday upheld a decision that Golden Eagle Insurance Corp. did not have to cover Lemoore Real Estate and Property Management Inc.'s $29 million settlement over a fatal fire in one of its buildings because of a professional services exclusion in the insurance policy.

In a unanimous, unpublished opinion, a panel of the California Court of Appeal, Fifth Appellate District agreed with the trial court that Golden Eagle had no duty to indemnify Lemoore for two wrongful death actions brought by the...
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