Magistrate:  Suit Against HOA Insured Fails To Allege ‘Loss’ To Trigger Coverage

Mealey's (May 22, 2023, 10:14 AM EDT) -- SACRAMENTO, Calif. — A federal magistrate judge in California on May 18 granted a professional liability insurer’s motion to dismiss a homeowners’ association insured’s breach of contract and bad faith lawsuit, finding that an underlying lawsuit against the HOA did not seek a “loss” to trigger coverage under the policy....