NU Online News Service, May 24, 1:37 p.m. EDT--A recent federal appeals court ruling disallowing professional liability insurance coverage for brokers who marketed a fraudulent health plan should have a wide-ranging impact, according to an attorney on the case.
"We've seen a wave of unauthorized health scams, so the issue of whether there's coverage is important," commented Sandra D. Hauser an attorney with the Sonnenschein Nath & Rosenthal New York Office.
Ms. Hauser commented in the wake of a May 13, decision by the 4th U.S. Circuit Court of Appeal in Richmond, Va. that disallowed errors and omissions coverage for three brokers involved with selling coverage under an unlicensed health plan that went broke in South Carolina.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
