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Be Careful What you Promise... A review of a recent court decision's impact on the broker/agent standard of care

Be Careful What you Promise…A review of a recent court decision's impact on the broker/agent standard of care

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Quick Overview

This class is important for all producers and support staff in the insurance industry. We all need to be informed and prepared to defend ourselves in court against the various allegations in an E & O lawsuit.

$129.00
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Duration 1 hour
Location Online Webinar
Formats Live
Instructor Al ParizoAl Parizo

A Review of a recent court decision's impact on the broker/agent Standard of Care

This class is important for all producers and support staff in the insurance industry. We all need to be informed and prepared to defend ourselves in court against the various allegations in an E & O lawsuit.

Judge: Fact Issues Exist As To Whether Broker, Insured Had A 'Special Relationship' LexisNexis Legal Newsroom 1/14/1 WEST PALM BEACH, Fla. - A Florida federal judge found Jan. 13, 2014 that there are genuine issues of material fact as to whether a "special relationship" existed between an insurance broker and a condominium association insured, denying the broker's renewed motion for summary judgment in a lawsuit arising from damage caused by Hurricanes Frances and Jeanne (Tiara Condominium Association Inc. v. Marsh USA Inc., No. 08-80254, S.D. Fla.; 2014 U.S. Dist. LEXIS 3677).

This course will focus on:

  • The facts of the case and its effects on the standard of care for the insurance broker/agent
  • Agents and Brokers are held to a common law standard, a tort determines the extent of blame and the measure of harm based on the doctrine of reasonable expectations….What are those expectations?
  • Let's talk about the potential allegations:
    • Breach of contract
    • Breach of implied covenant of good faith and fair dealing
    • Negligent misrepresentation
    • Negligence and breach of fiduciary duty
$129.00
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