Social Media Ideas for Broker Liablity

Benefits broker fiduciary risk: why disclaimers may not be enough

Most benefits brokers disclaim fiduciary status but courts may see things differently says Ron Peck, chief legal officer at The Phia Group

Macy's hit with class action over broker's alleged $13.2M commission haul

One broker. Two retailers. One paid nothing. The other? 37 cents on every dollar

Pagano and Broker Commissions: A Hidden Risk When Buying Tenant Occupied Commercial Property

And this is why I always teach agency in my BizOrgs class

In a typical securities class action, plaintiffs name the individual company officers responsible for the alleged fraud, as well as the company itself.  The company’s liability is,...

California brokers lose their pricing lever as risk turns collective

Rajni Kapur on carrier appetite, E&O exposure and the sales pitch brokers can't make anymore

Alabama Pharmacy, Not Agent, at Fault for Not Reading Policy Before $5M Judgment

An Alabama insurance agent is in the clear after years of litigation that contended he had failed to secure professional liability coverage for a pharmacy that was sued over a comp...

ITAR Brokering in Foreign Defense Transactions: DS–4294 Approval, Expanding Enforcement, and Hidden Liability Risks

I. Executive Overview Brokering under the International Traffic in Arms Regulations (ITAR) is one of the most misunderstood and increasingly enforced areas of U.S. export control l...

LÉPINE: Consumer protection is a shared responsibility  

Brokerages face an Oct. 30 deadline to file annual financial statements with RECO, and interim CEO Jean Lépine says protecting trust money can’t fall on the regulator alone. He’s c...

When AI makes a mistake, it’s the agent who pays the price

Brokerages should be proactive in creating (and enforcing) AI use policies before they end up in regulatory hot water, advises compliance pro Summer Goralik.

Brokers - stop doing this

Red Bull's risk director on what clients really want

Brokers urged to look harder at who sits on D&O towers

There's plentiful capacity but "it’s not all quality capacity," warns CNA executive

Title agent's guarantor can't pass mortgage recording liability to a subcontractor

He said he did nothing wrong and only backed the agent - the court still turned him away

Brokers spot fraud clues that the wider industry may never see

Fragmented data and limited feedback leave brokers unsure what happens to the concerns they report

Ombudsman flags broker risk when disclosure errors void cover

FOS evidence shows unrelated disclosure errors can still void cover, putting fresh scrutiny on point-of-sale advice

Brokerages and MLSs gaining new antitrust, cyber insurance options

Orion Real Estate Data Exchange announced that it will be offering specialized insurance plans through a strategic relationship with HUB International.

When Your Broker Picks the Words: Lessons for Corporate Policyholders from Teijin Automotive Technologies v. Sompo Ameri...

Insurance When AI Agents Are the Decision-Makers

One man paints challenging outlook for brokers’ insurance

A new report quoting one insurance executive has startling observations about broker insurance. The post One man paints challenging outlook for brokers’ insurance appeared first on...

Public filings expose voluntary benefits commissions to ERISA litigation risk

Form 5500 data is helping plaintiffs compare broker compensation

Policyholder sues broker over coverage gap he never asked to fill

His circumstances changed. His coverage request didn’t. The court drew the line

Independent brokers explain why they choose not to sell

Control and client continuity underpin their commitment to independence

Home insurance remains an afterthought for many brokers

Low commissions and outdated sales habits are keeping general insurance on the sidelines

MGA paper just got riskier for brokers amid FCA governance push

The FCA's governance review of MGAs and coverholders runs through to early 2027. A broker placing business through an MGA is already inside that review's scope - because Consumer D...

Agency Duties — Legal vs. Ethical

While I’m not an insurance agent, I recently received an email from a commercial insured after he read one of my columns. In the column, I explained how the importance of insurance...