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02/26/2013 12:52:14 PM EST

Appeals Panel: Settlement Shows Insured's Damages Against Insurance Broker

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LexisNexis® Mealey's™ Insurance Broker Liability Legal News

DENVER - A settlement agreement was sufficient to establish that an insured incurred damages for purposes of its negligence and negligent misrepresentation claims against an insurance broker, the Colorado Court of Appeals ruled Feb. 14, reversing the entry of summary judgment to the insurance broker (DC-10 Entertainment LLC n/k/a LLMJ LLC v. Manor Insurance Agency Inc., No. 11CA2637, Colo. App.; 2013 Colo. App. LEXIS 167).Full story on lexis.com