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A cupcake business sued its broker for failing to obtain insurance coverage to protect the company against all claims, which included a sexual harassment lawsuit in Big Man Bakes v. Stephen Hoskins.

When I entered the insurance industry 47 years ago, my mentors impressed on me the importance of documenting my actions as a representative of my employer. I learned that every task I perform must be recorded or it may as well have not been done.

Illinois and a few other states rely solely on policy and lawsuit wording in duty-to-defend cases.

A cupcake shop owner sues his broker for failing to recommend coverage for all claims.

A cupcake shop owner sues his broker for failing to recommend coverage for all claims.

Insurance fraud continually takes more money each year than it did the year before from the insurance buying public. See how insurers can fight back against this pervasive crime.

Insurance agents and brokers are in the business of transacting insurance with insurers on behalf of their clients. Unless they take on a fiduciary responsibility, they're only expected to obtain the insurance requested by the prospect. But after a loss, insureds who incur a loss greater than the limits purchased...

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 in writing. Most insurers find a notice made orally to the company or the agent sufficient because the agent or broker will convert the oral...