Week of November 12, 2007

"Next, plaintiffs contend LA Sound is not liable for the misrepresentations on the application. They claim LA Sound did not know about the joint venture. They further claim the insurance broker was St. Paul's agent and solely responsible for the application's accuracy. But LA Sound was a party to the joint venture agreement. And an insurance broker by definition represents policyholders, not insurers."

Justice Raymond J. Ikola
LA Sound USA, Inc. v. St. Paul Fire & Marine Insurance Company (Nov. 14, 2007, G036691)