News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance.
The brokers responsibility is to the insured and failing to fulfill that duty can exonerate the insurer and result in a serious and expensive claim to the broker for inaction.
When a spectator dies after being injured at a major league baseball park, the insurance broker is named in a lawsuit for failing to obtain the appropriate coverage.
An insurer gets more than it bargained for when a Missouri court allows equitable subrogation because of the primary insurers bad-faith refusal to settle an auto claim.
Erin Beaumont-Jacques, a former district manager for the Farmers Group of Cos., filed a lawsuit in 2010 against Farmers for damages, claiming several causes of action for breach of contract, breach of the implied covenant, sex discrimination and business and professions code violations.
Before the scheduled opening date in September 2006 for Cascades, a fitness club in Inver Grove Heights, Minn., Wayne Newton, a principal of Cascades, sought help in obtaining bonding and insurance for the club from his brother, appellant Nicholas Newton, the surety bond manager at Associated Insurance Agents Inc. (AIA)....