For Dr. Peter R. Kensicki’s next “Question of Ethics” column, he asks readers to comment on the following:

In most states an insurance agent has no legal duty to recommend coverage to an applicant for insurance unless the agent in some manner assumes that duty.

But what ethical responsibilities does an agent have with regard to recommending coverage and do those duties vary if the producer is a broker?

Please forward your responses to Dr. Peter R. Kensicki at [email protected] or via mail to his attention at 105 Bittersweet Drive, Richmond, KY 40475. All responses will be kept confidential. Please include your role in the insurance business—agent, adjuster, risk manager.

Please respond by June 9. The responses will be summarized in the next “Question of Ethics” column in the June 27, 2011 edition of National Underwriter.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Commercial Lines
E&S/Specialty