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COLLIERS LANARD & AXILBUND v. LLOYDS OF LONDON

No. 05-3497.

458 F.3d 231 (2006)

COLLIERS LANARD & AXILBUND v. LLOYDS OF LONDON; Hallmark Insurance Co., Inc. *Certain Underwriters of Lloyds of London, Appellant. *(Pursuant to Rule 12(a), F.R.A.P.).

United States Court of Appeals, Third Circuit.

Filed August 11, 2006.

Attorney(s) appearing for the Case

Vincent F. Reilly, Patricia M. Henrich (Argued), Reilly, Janiczek & McDevitt, Merchantville, NJ, for Appellant.

Alan C. Milstein, Jeffrey P. Resnick (Argued), Sherman, Silverstein, Kohl, Rose & Podolsky, Pennsauken, NJ, for Appellee.

Before SMITH, ALDISERT, and ROTH, Circuit Judges.

SMITH, Circuit Judge.

Appellant Lloyds of London ("Lloyds") provided a "claims made" professional liability insurance policy1 to appellee Colliers, Lanard & Axilbund ("CL & A"), a real estate brokerage. The policy provided retroactive coverage for claims "provided that the insured had no knowledge of any suit, or any act or error or omission, which might reasonably be expected to result in a claim or suit as of the date of signing...

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