Wash. High Court Says Insurer Liable For Agent's Violations

Law360, Chicago (August 1, 2013, 6:39 PM EDT) -- Washington's highest court on Thursday ruled that Chicago Title Insurance Co. is responsible for regulatory violations made by its agent Land Title Insurance Co., saying a statute capping financial inducements to lure in business places liability on insurers for their own conduct and that of their agents.

In an en banc ruling, the 7-2 majority of the Washington Supreme Court reversed a lower appeals court by ruling against Chicago Title based on statutory and common-law theories of agency in the insurer's challenge to an enforcement action...
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