The Dilemma: An adjuster has established an honest opinion of a claim with the maximum indemnity value in the range of 80 percent of policy limits. An offer of settlement within that range has been rejectedwith a lawsuit filed instead of a counteroffer. The adjuster believes defense costs, in addition...

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 (see “Special Circumstances May Mean Agents, Brokers Owe Greater Duties To Clients,” April 18, 2011 edition of NU). But the question for this...

Readers weigh in on a dilemma proposed by Question Of Ethics Columnist Peter R. Kensicki regarding an agent’s obligation to report payroll misstatements that were discovered while preparing a proposal for a potential client. In Part 2, readers discuss duties to the current insurer and consider legal ramifications.

Readers weigh in on a dilemma proposed by Question Of Ethics Columnist Peter R. Kensicki regarding an agent’s obligation to report payroll misstatements that were discovered while preparing a proposal for a potential client. They consider duties to the proposed insurer, current insurer and the potential insured.

What is NU's Next Question of Ethics? Dr. Peter R. Kensicki invites readers to weigh in.

Readers weigh in on a dilemma proposed by our “Question of Ethics” columnist, Peter R. Kensicki, regarding an agent’s obligation to report payroll misstatements that were discovered while preparing a proposal for a potential client. In Part 1 of a two-part presentation of responses, readers discuss agent duties to the...

Many personal injury law firms advertise using negative inferences about the insurance business. What would be an ethical method for the insurance business to ...

Many personal injury law firms advertise using negative inferences about the insurance business. What would be an ethical method for the insurance business to ...