Insurance agents and brokers are professionals whose actions in placing insurance require compliance with the industry's standards of practice and skills.
Under Missouri law, an insurance agent or broker who undertakes to procure insurance for another for compensation owes a duty of reasonable skill, care and diligence in obtaining the requested insurance.
Insurance producers live in a competitive world. When an agent from one firm moves to another and brings along his clients, the old employer may sue the new employer and the employee for breach of non-competition agreements or other tortious conduct. Usually, the suits are pursued aggressively and because both...
Erin Beaumont-Jacques, a former district manager for the Farmers Group of Cos., filed a lawsuit in 2010 against Farmers for damages, claiming several causes of action for breach of contract, breach of the implied covenant, sex discrimination and business and professions code violations.
Before the scheduled opening date in September 2006 for Cascades, a fitness club in Inver Grove Heights, Minn., Wayne Newton, a principal of Cascades, sought help in obtaining bonding and insurance for the club from his brother, appellant Nicholas Newton, the surety bond manager at Associated Insurance Agents Inc. (AIA)....