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Insurance Broking Practice and the Law

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.

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