Panel: Insureds Fail To Show Special Relationship With Agent In Flood Damage Dispute

Mealey's (November 15, 2022, 5:36 PM EST) -- ST. LOUIS — The Eighth Circuit U.S. Court of Appeals affirmed a lower federal court’s summary judgment ruling in favor of an insurance agent in a lawsuit alleging that the agent negligently advised insureds that they need not purchase a builders risk insurance policy for a hotel renovation project, finding that the insureds failed to demonstrate that a special relationship existed between them and the agent....