Lost Book of Business Valued Using a Multiple of Two Times Annual Commissions

Business Valuation Update BVLaw
Legal and Court Case Update
August 12, 2002

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6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
tort
Newton Insurance Agency v. Caledonian Insurance Group
No. 48753-1-I (Wash. App. 2002)
US
State Court
Washington
Court of Appeals
Ellington

Summary

The Washington Court of Appeals affirmed a damage award for a lost book of business in this tortious interference with a business expectancy case.

See Also

Newton Insurance Agency v. Caledonian Insurance Group

Full Text of Court Cases
August 12, 2002

The Washington Court of Appeals affirmed a damage award for a lost book of business in this tortious interference with a business expectancy case. The book of business was valued using two times annual commissions.