NEW ORLEANS - A lawyers professional liability insurance policy's provision requiring that a claim be reported within the policy's effective period is enforceable in a third party's lawsuit seeking liability under Louisiana's direct action statute, the majority of the Fifth Circuit U.S. Court of Appeals affirmed Feb. 28 (First American Title Insurance Co. v. Continental Casualty Co., No. 12-30336, 5th Cir.; 2013 U.S. App. LEXIS 4153)....(read more)![]()
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