The plaintiff contended that the defendant violated both Texas Deceptive Trade Practices Act and Insurance Codes when the defendant erroneously completed an application, signed the plaintiff’s name to it and submitted it without the plaintiff’s review. The coverage was not…
Insurance agents often are blamed when accidents or claims occur and their customers don’t have enough insurance coverage. Here are two helpful tips: The recent explosion in West , Texas resulted in 15 deaths, 200 injuries and $100 million or…
The insurance industry is constantly changing. Companies enter and exit markets, rates and forms change on a daily, weekly, monthly and annual basis. The reason for this constant change is that the world changes each day which results in a…
In these days of reduced commissions and increased costs, cheaper is not always better. Here at Insurance By Design our motto is “The Right Coverage at the Best Price”. When working with customers, the first thing we do is the…
By Louis H. Kozloff and Kenneth S. Merber of Nelson Levine de Luca & HamiltonSuperstorm Sandy’s impact on the insurance industry has been and will be profound. Predictably, the most direct impact will be claims for property damage and business…
Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends, however, are reflected in today’s insurance market for agency errors and omissions coverage where they can pose challenges…
Any miscellaneous business professional that runs their own businesses needs professional liability insurance in addition to an in-home business or business-owners policy. This will safeguard them from monetary losses as a result from lawsuits filed against them by their customers.…
Every E&O agent will stress the importance of documentation, but documentation alone is not enough – the quality of your documentation makes a huge impact. In actuality, the quality of documentation (or lack thereof) is one of the most important factors…