Breach Of Contract Exclusion Renders Coverage Illusory, Panel Says In Reversal

(September 24, 2019, 1:38 PM EDT) -- CHICAGO — The Seventh Circuit U.S. Court of Appeals on Sept. 23 held that a breach of contract exclusion in an insurance policy endorsement rendered the policy’s errors and omissions professional liability coverage illusory, reversing and remanding a lower court’s ruling in favor of the insurer in its declaratory judgment lawsuit (Crum & Forster Specialty Insurance Company v. DVO, Inc., No. 18-2571, 7th Cir., 2019 U.S. App. LEXIS 28714)....

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