8th Circuit Affirms Ruling In Insurance Broker’s Favor In Negligent Procurement Suit

(July 21, 2023, 1:48 PM EDT) -- ST. LOUIS — The Eighth Circuit U.S. Court of Appeals on July 20 affirmed a lower federal court’s summary judgment ruling in favor of an insurance broker in a lawsuit alleging breach of contract and negligent procurement of insurance, finding that even if the appellant was named as a mortgagee on the policy, coverage would still be precluded because of a policy endorsement that required the property at issue to have a working sprinkler system....

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