The Washington state Supreme Court has reaffirmed that insurance companies can be held responsible for the acts of their agents.
While the specific case dealt with title insurance, it is being interpreted as broad enough to apply to other property and casualty lines, life and health insurance as well. In fact, Rich Roesler, a spokesman for the Washington Office of the Insurance Commissioner, tells PC360 that the commissioner's office is still examining the potential impact of the decision, but it appears to be "broadly written" and applicable to all types of insurance products.
"The ruling is a big win for consumers," says Washington Insurance Commissioner Mike Kreidler, whose decision the case was challenging.
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