A California appellate court ruled that an insurance broker did not have a duty to inform a subcontractor that a project’s insurer had gone bankrupt.
Other states have laws requiring a broker to provide such notice, but California does not.
Click here [1] to read more. BD+C
A California appellate court ruled that an insurance broker did not have a duty to inform a subcontractor that a project’s insurer had gone bankrupt.
A California appellate court ruled that an insurance broker did not have a duty to inform a subcontractor that a project’s insurer had gone bankrupt.
Links:
[1] http://www.gravel2gavel.com/2012/03/what-if-your-insurer-goes-bankrupt-and-noone-tells-you.html
[2] http://www.bdcnetwork.com/sites/default/files/images_103.jpeg
