Broker Not Liable In Fraudulent-Policy Row, 7th Circ. Says
By Jeff Sistrunk ( January 4, 2017, 10:35 PM EST) -- The Seventh Circuit on Wednesday affirmed that insurance broker Norman-Spencer Agency Inc. cannot be held liable for negligence for its role in procuring commercial property policies that turned out to be fraudulent, agreeing with a lower court that the broker did not owe a duty of care to either of the companies suing it over the transactions....
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