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Legal developments affecting professional liability insurers. Regulatory Action Sublimit Unambiguously Applies to State Disciplinary Proceeding Against Life Insurance Agent. Applying California law, a federal district court has held that a disciplinary proceeding initiated by a state insurance department against an insured life insurance agent is unambiguously subject to a regulatory action sublimit of liability.
Senior Director, Insurance Practice. Executive Vice President and CIO. Senior Director, Insurance Practice.
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