Court Says Lloyd's E&O Policy Doesn't Cover Testimony

Law360, New York (July 27, 2012, 4:50 PM EDT) -- A Mississippi federal court ruled that Lloyd's of London does not have to defend an insurance agency against claims its employee made misrepresentations to an insurer, holding that giving sworn statements does not count as "professional services" covered under an errors and omissions policy.

Mid-Delta Insurance Agency Inc. and Randal Henson brought the suit to get Lloyd's and United States Liability Insurance Co. to defend them against claims that Henson made misrepresentations on his client's application for a commercial policy from Republic Fire and Casualty Insurance...
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