Timing being everything, as it usually is, our last two posts dealt with issues arising from an insured’s commitments under contract and the insurance that endeavors to support those commitments. Those topics cannot be discussed without also touching on an insurance agent’s duty to provide the coverages that purport to fulfill those requirements. Gazing into my […]
Business relationships are all about contracts, and certain breaches of contracted expectations give rise to coverage under an E&O insurance policy.
Carriers usually restrict the limits they’ll quote based on an insured’s asset size or revenue. However, with defense costs running amok, is this a valid benchmark?