Professional Services Exclusion Bars Coverage; Insurer Owed $2M Reimbursement

Mealey's (April 5, 2023, 10:54 AM EDT) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals held that a commercial general liability insurance policy’s professional services exclusion bars coverage for the insured’s liability in an underlying lawsuit alleging negligence, loss of consortium, financial elder abuse and fraud and that the insurer is entitled to the reimbursement of the $2 million it paid to settle the underlying lawsuit....