No insurer who provides professional liability insurance for persons licensed under
the provisions of Part 1 (commencing with Section 10000) of Division 4 of the Business and Professions Code shall exclude from coverage under
that policy liability arising from the breach of the duty of the licensee arising
under Article 2 (commencing with Section 2079) of Chapter 3 of Title 6 of Part 4 of Division 3 of the Civil Code. Notwithstanding the foregoing, an insurer may exclude coverage against liability
arising out of a dishonest, fraudulent, criminal, or malicious act, error, or omission
committed by, at the direction of, or with the knowledge of the insured.
For the purposes of this section, “professional liability insurance” means insurance against liability for damages caused by any act or omission of a
real estate licensee in rendering professional services in this state.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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