Thoracic Cardiovascular Associates, Ltd. v. St. Paul Fire & Marine Insurance

OPINION

TOCI, Judge.

Thoracic Cardiovascular Associates, Ltd. and Thomas J. Trahan (collectively, “Thoracic”) 1 sued St. Paul Fire and Marine Insurance Company (“St. Paul”) seeking a declaratory judgment requiring St. Paul to provide coverage on a claims made professional liability insurance policy. St. Paul appeals from the trial court’s grant of summary judgment in favor of Thoracic.

We must decide whether coverage exists under a claims made professional liability insurance policy when a claim is not reported to the insurer within the policy period. In order to resolve this question, we must…