Although Congressmen write law, they are not above it. Former Arizona Congressman Richard Renzi learned this lesson when he was convicted on charges of conspiracy, honest-services fraud, extortion, money laundering, making false statements to insurance regulators, and racketeering. In U.S. v. Renzi, the Ninth Circuit Court of Appeal was asked...

Coinsurance is an often misunderstood term and one that causes frequent dissatisfaction with insureds over claim settlements

Case analysis: Although Congressmen write the law, they are not above it.

An insurance brokerage firm is responsible for the wrongful conduct of its agents and employees while they give the appearance that the individual is working on behalf of the brokerage.

An insurance broker transacts insurance withbut not on behalf ofan insurer, while an agent transacts insurance with and on behalf of both the insurer and the insured.

A renovation gone bad uncovers an agent's failure to procure coverage.

Construction defect suits are now flooding the courts of North America in greater numbers every year. Here's what that means for insurers.

When an agent goofs on a policy effective date, is the insurer liable?