Appellate Court Defines Requirements for CPL Coverage
New Freedom Mortgage Corporation filed a contractual indemnification claim against Lawyers Title Insurance Corporation. New Freedom brought the action against Lawyers Title to recover indemnity under the closing protection letter for an attorney’s alleged fraud at a real estate closing. The CPL obligated Lawyers Title to indemnify New Freedom for actual losses incurred in connection with residential real estate closings arising out of, among other things, (1) the issuing agent’s …
Original post by default@goarticles.com (LizaMathers)