Opinion ID: 1998635
Heading Depth: 1
Heading Rank: 7

Heading: Count 5 Negligence against Brokers

Text: Wal-Mart alleges that Brokers held themselves out as professionals with special expertise in all aspects of COLI plans, and that therefore Brokers had a duty to exercise the care and skill of a reasonably prudent business man in the insurance brokerage and consulting business... [24] Brokers allegedly failed to exercise that level of skill and diligence, thereby causing Wal-Mart substantial losses. As the trial court noted, this claim appears to be another version of the rejected breach of fiduciary duty claim, but with a different label. To the extent that Wal-Mart is alleging a legally different claim based on negligence, the Amended Complaint fails to identify either the conduct that constituted a breach of the standard of care, or the manner in which that conduct proximately caused Wal-Mart injury. Accordingly, we conclude that this claim fails.