Agents & Brokers: Unsafe In Any Market
The conventional wisdom that hard markets produce more agent E&O claims doesnt stand up to any hard evidence, but the fear of such claims is greater now even though there are some strong arguments contesting the intuitive conclusion.
“I am in the camp that believes hard markets create greater exposure for agents and brokers,” said Peter Biging, a partner with the law firm of Nicoletti Hornig Campise Sweeney & Paige in New York.
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