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Panel: Insurer Had Duty To Defend Accountant Against Suit Prompted By IRS Audit

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WAUSAU, Wis. - An errors and omissions insurer breached its duty to defend its accounting firm insured against a malpractice lawsuit when it withdrew its defense without first seeking a judicial determination on coverage, a Wisconsin appeals panel affirmed Feb. 26 (Jeffrey J. Kraft v. Jeannie Thompson, et al., No. 2012AP1601, Wis. App., Dist. 3; 2013 Wisc. App. LEXIS 173)....(read more)

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