Panel: Exclusion For Claims Arising Out Of ‘Unfair Business Practices’ Does Not Apply

Mealey's (March 5, 2018, 1:27 PM EST) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on March 2 affirmed a lower federal court’s finding that a professional liability policy exclusion does not bar coverage for an underlying class action lawsuit alleging that a real estate broker insured and individual agents received secret profits while acting as real estate agents (Hanover Insurance Co. v. Paul M. Zagaris, Inc., No. 17-15477, 9th Cir., 2018 U.S. App. LEXIS 5429)....