Insurance Broking Practice and the Law
| This chapter was updated in March 2025. The next review of this chapter is due in September 2025. |
Chapter 19
CAUSATION, CONTRIBUTORY NEGLIGENCE AND LOSS OF CHANCE
INTRODUCTION
19-1
chapter 1 examined the various duties that an insurance broker owes to his client and/or a third party when acting in his professional capacity. If a broker’s failure to fulfil his professional obligations causes loss to the broker’s client or to a third party to whom the broker has assumed responsibility, it is likely that the injured party will seek to recover that loss from the broker.