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Most states have consumer protection laws, and courts across the country have debated whether such laws should apply to licensed professionals, including insurance producers.
N.Y. ruling makes it easier for insureds to sue agents
Web 2.0 raises risks for defamation, libel, copyright and security breaches
Umbrella insurance provides peace of mind, especially for wealthy folks
A lesson in transparency from NYs Disclosure of Broker Compensation Rule
When litigation is pending or foreseeable, create a litigation hold memorandum
Jurisdictions disagree on whether insureds have to read their policies
Always strive for best practices and avoid litigation
When carriers seek to rescind, problems for the broker may follow
Help your customers through the claim process and avoid later problems