Insurance Agent Duties

Insurance agents may be surprised by a recent Ohio court ruling regarding the legal duties of an insurance agent to an insured. The decision and its implications are discussed in an American Agent & Broker article by Barry Zalma, a highly experienced consultant and attorney specializing in insurance. . The article (see here) describes a couple who claimed that they relied on their agent for the proper amount of insurance. The court decision stated that an insurance agent or broker…

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