“Insurance Agent and Broker E&O 2013: The Year in Review, Part I,” PLUS Journal
“In looking at this past year’s most significant case decisions, it can be seen that, not surprisingly, a number deal with claims of failure to procure the requested coverage, claims that the agent/broker had a duty to advise, and/or claims that the agent/broker stood in a fiduciary relationship with the insured, and in this capacity failed to provide the necessary advice or guidance that would have protected the client from an uninsured or underinsured loss,” writes Peter J. Biging, a partner in Goldberg Segalla’s Professional Liability Practice Group.
In the first of a two-part “year in review” article for the Professional Liability Underwriting Society’s PLUS Journal, Peter focuses “on the cases discussing the ‘duty to advise,’ the interplay of the ‘duty to read,’ and ‘failure to procure’ claims.”
The second part of Peter’s article will be published in the publication’s May issue. Peter is a regular PLUS Journal contributor.
Read the full article:
- Peter J. Biging, “Insurance Agent and Broker E&O 2013: The Year in Review, Part I,” PLUS Journal, Vol. XXVII, No. 4, April 2014