In the insurance industry, the agent acts primarily for the insurance company, which is the principal. Typically,
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Historically an insurance agent was seen as agent for the principal the insurance company and as such owed a fiduciary duty to it The insurance agent did not owe a fiduciary duty to the insured becaus...View the full answer
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Related Book For
Canadian Business & the Law
ISBN: 978-0176501624
4th edition
Authors: Dorothy DuPlessis, Shannnon o'Byrne, Steven Enman, Sally Gunz
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