Moral hazard requires a fiduciary duty to someone else. | Hacker News

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		mcguire on Feb 2, 2019 \| parent \| context \| favorite \| on: Insurance Company Says NotPetya Is an “Act of War”... Moral hazard requires a fiduciary duty to someone else.

URSpider94 on Feb 2, 2019 [–]

The first sentence of the Wikipedia article says: “In economics, moral hazard occurs when someone increases their exposure to risk when insured ...”

Can you explain where the fiduciary duty comes in?

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