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Federal Judge: Claims Arise Out Of Insured's Performance Of Professional Services

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SANTA ANA, Calif. - Underlying claims against an insured arise out of its performance or failure to perform professional services, a California federal judge ruled Feb. 26 in a coverage dispute arising from the insured's mortgage-backed securities business (Impac Mortgage Holdings Inc., et al. v. Houston Casualty Co., et al., No. 11-1845, C.D. Calif.; 2013 U.S. Dist. LEXIS 27190)....(read more)

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