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Calif. Reinforces Broker Shield Against Policyholder Suits

By Bibeka Shrestha (November 20, 2013, 8:12 PM EST) -- A California appeals court has held that insurance brokers do not have an implied duty to investigate and fulfill a client's coverage needs when placing policies, preserving the state's conservative stance on broker liability despite persistent efforts by unhappy policyholders to go after brokers' wallets....

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