Tort/Negligence – Breach of Fiduciary Duty – Insurance Agent – Ghost Policies – Contract – Merger & Shareholder Agreements
Defendants argue that plaintiff, as an officer of the defendant-agency, breached his fiduciary duty to the agency by issuing false certificates of insurance (COIs). However, plaintiff explains that he issued the false COIs in what he believed was the best interest of the agency. Consequently, there is a genuine issue as to whether plaintiff breached
Source: nclawyersweekly.com