Insurance Regulatory 2013 Update and Reducing E&O ExposurePDF American Agents Alliance Annual Convention and Expo
Mark Robinson and Todd Stitt spoke at the 2013 American Agents Alliance Convention and Expo.
Mark and Todd’s presentation, titled ”Insurance Regulatory 2013 Update and Reducing E&O Exposure,” educated broker-agents on changes in laws and compliance with same, compliance with broker fee requirements, and on how to reduce E&O exposure when transacting insurance.
Topics covered included:
- A 2013 update on new insurance laws and regulations; broker fee and disclosure requirements;
- Presumption of acting as a broker; and common areas of Department of Insurance enforcement; and
- Reducing E&O exposure - Steps broker-agents can take to mitigate the likelihood of being sued by a customer.