Case Accrues on Date Insured Receives the Policy
Posted by Professional Liability Attorney Network on Nov 28th 2018
In the context of a coverage dispute, insureds brought a counterclaim against their insurer and a third-party complaint against their insurance agent alleging negligent failure to procure proper insurance coverage. The insureds had requested a policy equal to their previous policy with another carrier, which would have provided coverage. The trial court dismissed the insured’s claims as untimely. The appellate court reversed based on the agent’s fiduciary duty that was more significant than
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