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Insurance

Mar. 18, 2014

Ruling helps define scope of insurance brokers' duties

California courts have been struggling for years on the breadth of fiduciary duties owed by an insurance broker to insureds.

Hsiao C. Mao

Troutman Sanders LLP

580 California Street
San Francisco , CA 94104

Email: mark.mao@troutmansanders.com

UC Berkeley SOL; Berkeley CA

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Jonathan H. Yee

Troutman Sanders LLP

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California courts have been struggling for years on the breadth of fiduciary duties owed by an insurance broker to insureds. The 3rd District Court of Appeal's recent decision of Mark Tanner Construction Inc. v. HUB International Insurance Services Inc., 2014 DJDAR 2873 (March 10, 2014), will further limit the duties owed by insurance brokers.

At issue in Hub International is a failed self-insured workers compensation program for contractors, Contractors Access Progr...

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