What is a breach of fiduciary duty claim?

A breach of fiduciary duty claim is a claim made when one party has wrongfully acted in a way that violates the duties they owe to another party. In the state of Mississippi, a breach of fiduciary duty is a type of legal claim that may be brought in an insurance dispute. This type of claim can be made when an insurance agent, broker or other professional working on behalf of the insured has acted negligently or failed to perform their duties. In a breach of fiduciary duty claim, the insured may be able to recover damages for losses caused by the breach. This could include losses in premiums paid or coverage denied as a result of a breach. In some cases, the insured may also be able to recover penalties or other damages. When making a breach of fiduciary duty claim, the insured must prove that the other party breached their fiduciary duty and that this breach caused the losses suffered. This means that the insured must be able to show that the other party acted in a negligent manner or failed to meet the duties owed and that this negligence or failure caused them financial losses. In the state of Mississippi, breach of fiduciary duty claims can be complex and difficult to navigate. For this reason, it is important to seek legal advice from an experienced attorney before filing a claim.

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What is a breach of fiduciary duty claim?

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