The above photograph depicts the panel I was on at the Florida Association of Insurance Agents Convention last week. It was a wonderful presentation moderated by a fantastic insurance educator, David Thompson. The workshops, myriad insurance vendors, and networking opportunities opened my eyes about a truly important association which dedicates itself to promoting professionalism by … Continue Reading
This past week during a town hall meeting we had in Long Island, New York, one of the attendees posed a question about whether New York State has any requirements for insurance agents and brokers to carry errors and omissions coverage. Each state has its own unique laws and requirements as it relates to many … Continue Reading
My post on Tuesday, Establishing Duty is the Key to Agent Negligence Case, was inspired by an insurance agent negligence case I am involved in out of Ft. Smith, Arkansas. I have the pleasure of representing a hotel management company and owners of a hotel resort with a claim against their former insurance agent. The … Continue Reading
Coinsurance penalties are the last thing policyholders worry about following a loss. My experience has been that many field adjusters fortunately do not go through the costly calculations to accurately determine if a structure is underinsured. Thus, the penalties from being underinsured do not arise as often as they could.… Continue Reading