In 2004, insurance brokers in New York were accused of violating a duty to their clients (insurance buyers). What was that duty?

In 2004, insurance brokers in New York were accused of violating a duty to their clients (insurance buyers). What was that duty?



A) Loyalty to the buyer

B) No self-dealing at the buyer's expense

C) Full disclosure to the buyer about the insurer's financial condition

D) Full disclosure of all the broker's investment interests in insurers



Answer: B

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