OSMAN v. J. RALPH MOSS LTD.

[1970] 1 Lloyd's Rep. 313

COURT OF APPEAL

Before Lord Justice Sachs, Lord Justice Edmund Davies and Lord Justice Phillimore

Principal and agent - Insurance brokers - Insured recommended by brokers to insure with motor insurance company known to be in financial difficulties - 60-day cover note issued - Company insolvent - Letter from brokers stating that insured was effectively insured - Insured involved in accident - Insured fined for driving while uninsured, and held civilly liable to third party - Claim against brokers for damages for breach of contract or negligence - Remoteness of damages. Damages - Remoteness - Insurance brokers' breach of duty to inform client that he was uninsured - Liability of broker in respect of client's fines and costs in criminal proceedings and liability to third party. Insurance (Motor) - Liability of brokers for recommending insured to insure with company known to be in financial difficulties.