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Insurance — Auto – Reinsurance Facility – Agent’s Fraud – Agency Responsibility (access required)

  Discovery Insurance Co. v. North Carolina Department of Insurance (Lawyers Weekly No. 011-299-17, 34 pp.) (John Tyson, J.) Appealed from Wake County Superior Court (G. Bryan Collins, J.) N.C. App. Holding: Where the North Carolina Reinsurance Facility paid $1.3 million in fraudulent claims as a result of an insurance agent’s fraud scheme, the agent’s employer must ...

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