(June 22, 2020, 1:40 PM EDT) -- CHICAGO — The Seventh Circuit U.S. Court of Appeals on June 19 affirmed a lower federal court’s ruling that a professional liability insurer has no duty to defend against an underlying argument that its bank insured’s failure to timely notify the operator of a Taco John’s restaurant franchise of a default on rent caused it to incur damages (Market Street Bancshares, Inc. v. Federal Insurance Company, doing business as Chubb Group of Insurance Companies, No. 18-3395, 7th Cir., 2020 U.S. App. LEXIS 19212)....