Ward

INTRODUCTION

25 In this insurance action, both an insured and the beneficiary of his insurance policy seek 26 to recover from both their insurance broker and the insurance company. This order resolves the 27 insurance company’s cross-complaint and the broker’s third-party complaint. Specifically, to 28 the extent stated below, the broker’s motion to dismiss the cross-complaint is DENIED and the STATEMENT This insurance story began in 2015 when plaintiffs Andre Ward and Roc Nation Sports, LLC, sought a professional athlete disability insurance policy. At the time, Andre Ward boxed professionally. Plaintiffs, through their wholesale insurance broker, International Specialty Insurance, Inc., secured a policy with underwriters at Lloyd’s of London. The policy listed the “Insured Person” as Andre Ward and the “Owner & Beneficiary” of the policy as Roc Nation Sports. At bottom, the policy provided a lump sum payment of $6.3 million if Andre Ward suffered a career-ending injury during the policy period (from December 23, 2015 to December 23, 2016) (Amd. Compl. ¶¶ 23–28) (Dkt. No. 46). Lloyd’s of London works as…