The agent or broker who lies to a potential insured risks E&O claims for fraud or negligent misrepresentation. Read about Turner v. Milliman for more insight.
Insurance agents and brokers often sign insurance applications without obtaining the signature of the person seeking the insurance first. The insurer relies upon the application when deciding whether or not to insure
A reader, R. L. Taylor of Renewable Energy Systems, Broomfield, Colo., wrote to ask about any cases relating to insurance for property leased out for hunting purposes--Taylor and his employer lease out
Because insurance agents and brokers often are the firsts to receive notices of losses or claims, it is their responsibilities to immediately report those claims to the insurers. The California Dept. of Insurance
This month's case, Sewell v. Great Northern Insurance, establishes that an insurance agent only needs to fulfill duties actually assumed and that unless he makes specific promises, he is not obligated to an
Although insurance agents and brokers accept many duties owed to their customers, they are not guarantors of every problem that may face an insured. In Boyer v. Wells, No. B205345 (Cal.App. Dist.2 08/29/2008), a case
Charging applicants for a specific ancillary coverage or product without their informed consent is a violation of Florida statutory law and can cause an insurance agent to lose his or her license. In the