Retail intermediary pleads ignorance in negligence claim

A regional US retail insurance broker has claimed that it had
"no expertise" procuring cyber insurance coverage in the
face of allegations it negligently secured limits well below the
$3mn demanded.
Eustis, which operates in Louisiana and Texas, has blamed
wholesaler RT Specialty after a loss revealed allegedly ambiguous
exclusions and endorsements in a policy.
The unusual defence was mounted in a dispute brought by the
four-star New Hotel Monteleone - located in the French quarter of
New Orlean