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What does (and does not) constitute insurance broker liability in New York
By Jeffrey L. SchulmanThere are circumstances under N.Y. law in which an agent or broker can be liable for failing to procure coverage.
Property & casualty insurance claims can sometimes result in lawsuits. Claims provides court cases and legal analysis on the latest issues affecting bad faith, subrogation, assignment of benefits and product liability. Articles include strategies to manage defense costs, proactive litigation strategies and red flags in claims that could lead to litigation.
There are circumstances under N.Y. law in which an agent or broker can be liable for failing to procure coverage.
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