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GORDON v. SPECTRUM, INC.

No. 97-308.

981 P.2d 488 (1999)

Ron GORDON and Nucor Drilling, Inc., a Wyoming corporation, Appellants (Plaintiffs), v. SPECTRUM, INC., a Wyoming corporation; Mary Flaharity and Ed McCaffety; James Thurston; and Ramsgate Managing Insurance of Wyoming, Inc., a Wyoming corporation, Appellees (Defendants).

Supreme Court of Wyoming.

May 28, 1999.

Attorney(s) appearing for the Case

Mel C. Orchard, III of Meyer and Williams, Jackson, WY, Representing Appellant. Argument by Mr. Orchard.

Kathleen J. Doyle and Peter J. Young of Schwartz, Bon, Walker & Studer, LLC, Casper, WY, Representing Appellees (Broker). Argument by Ms. Doyle.

Timothy W. Miller of Reeves & Miller, Casper, WY, Representing Appellees (Agent). Argument by Mr. Miller.

Before LEHMAN, C.J., and MACY, GOLDEN, and TAYLOR, JJ., and VOIGT, D.J.

LEHMAN, Chief Justice.

The primary issue on appeal is whether an insurance agent or broker has a duty to inform a client of its insurer's insolvency even after the client's policy expired. The client sued its agent and broker claiming the agent and broker were negligent by failing to inform the client that its insurer was insolvent. The client also alleged that the agent and broker were negligent in procuring the insurance policy with the insurer. The district court...

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