Panel Reverses No Coverage Ruling In Suit Over Alleged Mortgage Services Scheme
(October 24, 2016, 9:50 AM EDT) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on Oct. 20 found that an underlying lawsuit alleging Lanham Act and unfair competition claims against an insured potentially sought damages that were covered under an insurance policy, reversing a lower court’s no coverage ruling (First One Lending Corp., et al. v. The Hartford Casualty Insurance Co., No. 14-56492, 9th Cir.; 2016 U.S. App. LEXIS 18935).
(Opinion available. Document #13-161103-003Z.)
First One Lending Corp. and its CEO John Vescera (collectively, First One) sued The Hartford Casualty...