We explore and analyze current issues and relevant topics to help accountants, attorneys, architects and engineers, insurance agents and real estate brokers avoid a professional liability case.
In Ferguson v. Aon Risk Servs. Co., the United States District Court for the Northern District of Illinois granted Defendants’ (collectively, “Aon”) motion for summary judgment based on Plaintiffs’ lack of standing as third-party beneficiaries and failure to file within the statute of limitations.
In Allied Design Consultants, Inc. v. Pekin Ins. Co. the Illinois Fourth District Appellate Court recently affirmed a trial court’s grant of summary judgment finding the allegations in multiple personal injury lawsuits fell under the professional services exclusion included in the plaintiff’s insurance policy, and thus, the insurer was not required to defend the plaintiff in the lawsuit. 2024 IL App (4th) 4230738 (May 23, 2024).
Attention real estate agents, brokers, lenders, and title insurance agencies! As the residential and commercial real estate markets continue to evolve and fluctuate in 2023 with the financial markets that impact and drive them, seller authority to convey land continues to be a hot topic.
In Ill. Union Ins. Co. v. US Bus Charter & Limo Inc., 291 F. Supp. 3d 286 (E.D. N.Y. 2018), the United States District Court for the Eastern District of New York addressed the scope of coverage for alleged violation of the Telephone Consumer Protection Act (TPCA). One of the main issues presented was whether a TCPA violation was within the scope of the insurance policy’s coverage for performance of professional services and travel agency operations.