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When a suit is filed against an insured, the wording of every liability insurance policy requires the insured to report that suit to the insurer...
Appeals Court finds E&O insurer has no duty to defend against intentional misconduct
The broker’s responsibility is to the insured and failing to fulfill that duty can exonerate the insurer and result in a serious and expensive 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...
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...
Siblings slip up in attempt to obtain coverage for MN fitness club
Insurance agents and brokers selling annuities to elderly clients must be careful to provide the benefits the annuitant seeks and ignore the need of the...
The Eleventh Circuit court concluded Florida law was unclear regarding claims of negligence and breach of fiduciary duty, and a contract dispute between an insurance...
A dispute between Country Insurance and a group of its former agents regarding termination commissions ended with the Court of Appeals upholding the arbitrator’s decision.
Sam Goldwyn, one of the founders of Metro-Goldwyn-Meyer (MGM), was reported to have once said, “Your oral contract ain’t worth the paper it’s printed on.”...
Agent who misrepresented company's A.M. Best rating can't sue after suspension
Agent slip-up on flood zones results in higher premiums—and a lawsuit.
Iowa legislature changes law, overruling decision on agent duty
Florida law is clear: Notice to an agent is notice to a principal
In spite of multiple errors, agent escapes $5 million verdict.
Ohio court rules agents are required to obtain only coverage the buyer requests.
Ensure that insureds have agreed to and read an application
House-moving disaster leads insureds to sue agents for negligence
Suggesting UM/UIM limit left agent exposed after insured finds it wasn’t enough
State Farm will reduce its rate request for rental dwelling policies in California by an average of 40 percent in 2017.
Waves of DDoS attacks shut down swatches of the internet on Friday, prompting the need for the insurance industry to issue standard cyber liability coverage forms.