Peter J. Biging, a partner in Goldberg Segalla’s Professional Liability Practice Group, was quoted extensively in a Risk & Insurance article addressing emerging risks and previewing the 2013 international conference of the Professional Liability Underwriting Society (PLUS): Uncharted Waters of Emerging Risk: Knowledge is Power.
Peter was the moderator of the session titled “Insurance Agents E&O: Wait, Wait, There’s a Duty to Do What?” which examined the expanding responsibilities of insurance agents and brokers in the eyes of the court. James J. Wrynn, leader of Goldberg Segalla’s Insurance Regulatory Practice Group, was a panelist in the session held November 5 in Orlando, Florida.
“Now, courts are far more open and receptive to arguments about why in a particular instance an agent or broker should have given advice to the insured, or led the insured to have a misconception about the coverage that was in place, or otherwise owed a duty to provide advice and guidance with respect to the sufficiency of the coverage purchased,” Peter told Risk & Insurance. “This is an area in which much of the litigation regarding alleged errors and omissions by agents and brokers is fought, and it is an area the boundaries of which seem to be constantly shifting.”