UK High Court ruling underscores cost of broker negligence and clarifies effects of “other insurance” clauses in overlapping coverage

A recent ruling from the High Court of Justice (a trial level court) in London, highlights the serious consequences of professional negligence in insurance broking and clarifies how “other insurance” clauses interact with one another, offering major takeaways for brokers, insurers, and risk managers in the U.K. as well as the United States....
By: Clark Hill PLC

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