X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In today’s society, the trend seems to be to blame someone else whenever you can, and get paid to do it through lawsuits. Remember the woman who sued over the spilled hot coffee on her leg in the car? Or the woman who sued a fast food restaurant because her son was fat? Insurance agents also are vulnerable to all sorts of lawsuits.

One of the top reasons agents are sued is because of their failure to communicate important information to their customers, according to Virginia Bates of VMB Associates, a management consulting service for the insurance industry. Insureds have sued claiming the agent failed to explain coverages or to recommend coverages. They have sued claiming the agent used insurance jargon and so it was not clear to them what was covered and what was not. They have sued because they claim the agent never informed them about their choices.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.