Reasonable expectations

The United States District Court for the Eastern District of Pennsylvania has held that a lawyer was not entitled to insurance coverage because he could not reasonably expect that his malpractice policy would provide coverage for acts occurring three months prior to the effective and retroactive date of the policy.  Downey v. First Indemnity Ins., 2016 WL 6033426 (E.D. Pa. Oct. 14, 2016).

Continue Reading “Reasonable Expectations” Doctrine Inapplicable Due to Unambiguous Effective and Retroactive Dates

Applying New Jersey law, a federal district court has held that a law firm’s professional liability policy does not provide coverage for an employee’s misappropriation of client funds. Cadre v. ProAssurance Cas. Co., 2016 WL 3844208 (D.N.J. July 14, 2016).
Continue Reading No Coverage for Law Firm Employee’s Misappropriation of Client Funds