blog Archives - Insurance Expert Witness

How a Managing General Agent Business Model Works

An independent insurance agent has many reasons to work with a managing general agent, or MGA. From the requirement of expertise to the availability of a particular product or the competitive price, MGAs provide a variety of services and competitive advantages to...

Homeowners Versus Flood Insurance Policies

As the 2017 hurricane season gains strength following Hurricane Harvey in Texas, residential and commercial property owners along the Gulf of Mexico and in other coastal or low-lying regions across the country are likely to be double checking their insurance coverage....

D&O Insurance Litigation Continues to Rise

The D&O insurance industry has seen a significant increase in claims involving securities class action suits in recent years, as we have written about in the past. A study published by Advisen provides insight into some of the claims trends that affected the...

2017 Hurricane Forecast: Understanding Hurricane Deductibles

Many coastal homeowners remain unaware of the hurricane deductibles included in their homeowners’ insurance policies. A recent Insurance Research Council (IRC) poll found that almost five years after Superstorm Sandy, one third of homeowners in several coastal states,...

Insurance Agent Liability and E&O Coverage

Insurance agent liability is a professional risk that can be triggered by either the actions or inactions of an agent. The leading cause of claims against insurance agents today is the failure to provide the right coverage to insureds, according to a recent...