An insurance agent is authorized by and on behalf of an insurer to conduct insurance transactions. An insurance agent represents the insurer and has authority to bind coverage A broker conducts insurance transactions for others but not on behalf of an insurer. Both agents and brokers have a duty to use reasonable care, diligence and judgment in procuring requested insurance.
For over 35 years, Grimm Vranjes Greer Stephan & Bridgman LLP has represented insurance agents and brokers who allegedly failed to comply with industry guidelines for reasonable standards of care. These cases have included the following issues:
- Bad Faith
- Coverage Requests
- Coverage Updates
- Notification of Cancellation or Non-Renewal
- Policy Placement
- Coverage Recommendations
- Underwriting Conflicts
- Claim Reporting Inconsistencies
- Exceeding Agent Authority and Counsel Limitations
The dedicated and aggressive insurance brokers and agents defense attorneys at Grimm Vranjes Greer Stephan & Bridgman LLP understand that even due diligence and standard performance is not enough to deflect litigation, which is why we craft our strategy with not only an eye towards your financial and legal status, but also your reputation and standing in your field. We will craft a comprehensive defense to help assure that you do not have to endure undue legal action.