Insurance Broker Is Entitled To New Trial, Appeals Panel Rules

Insurance Broker Is Entitled To New Trial, Appeals Panel Rules

SANTA ANA, Calif. - Comparable sales upon which an insured relied did not support its valuation opinion regarding an insurance broker's alleged failure to secure insurance for an office building that was later damaged by arson, a California appeals panel held April 25, affirming that the broker is entitled to a new trial on damages (Main Street-Santa Ana LLC v. Donald Kappauf,  No. G044446, Calif. App., 4th Dist., Div. 3; 2012 Cal. App. Unpub. LEXIS 3115).

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