Can an insurer set-off the amount it paid an insured from the commission due to a broker?
The High Court in Pietermaritzburg has said no.
A broker had failed to five soyabean fields from a policy brokered on behalf of a farmer. The fields were damaged in a hailstorm. Upon discovering the error committed by
This US judgment’s summary of Michigan insurance law will be largely familiar to South African readers:
“An insurance policy is much the same as any other contract. It is an agreement between the parties in which a court will determine what the agreement was and effectuate the intent of the parties. Accordingly, the court must