Task: Text Completion
Input (English): he or she was not legally entitled.” The term INSURED is defined in the Policy as the NAMED INSURED, and NAMED INSURED is further defined as “the person or entity listed in the Declarations.” The entity listed in the declarations section of this policy is “Brown & LaCounte, L.L.P.” Thus, the most natural and reasonable interpretation of the personal profit exclusion is that the entity of Brown & LaCounte, L.L.P. is included within the meaning of “any INSURED.” Additionally, other courts interpreting similar insurance policies, albeit without the “he or she” language, have held that the phrase “personal profit” in a policy exclusion should not be read as limiting the exclusion to only natural persons. Commercial Union Ins. Co. v. Auto Europe, L.L.C., 2002 WL 314380 *4 (N.D.Ill.2002) (<HOLDING>). See also Plainview Milk Products Coop. v. 
 Holding statements: (A) holding exclusion inapplicable because under the facts alleged in the underlying suit the insured could receive personal profits and be legally entitled to retain them and distinguishing cases where there was sufficient evidence in the underlying complaint to show the profits received were illegal or undeserved within the meaning of the exclusion (B) holding a personal profit exclusion applicable to an insured corporation where the purpose of the exclusion was to exclude coverage when the insured received profits to which the insured was not legally entitled (C) holding that the use of the phrase any insured rather than the insured the same language used in the employers liability exclusion here meant that the exclusion was not limited to injuries sustained by the employees or contractors of one insured party (D) holding that an ownedproperty exclusion did not apply with respect to property that the insured bought only after the policy periods for which the insured sought coverage (E) holding that business use exclusion precluded coverage when insured was operating a taxicab whose purpose was to carry passengers for hire even though at the time of the accident insured did not have a passenger
Output (English): (B)