Yours, Mine, or Ours? The Complex and Often Competing Duties Owed by Agents and Brokers to Their Insurers and Insureds

Designed for senior-level coverage professionals and executives, this month-long series, developed by Wilson Elser attorneys will explore the complexities in coverage that pose the greatest challenges to insurers today and in the near future. Each week, experienced attorneys will address a new topic. Join one or all master classes for valuable insights from Wilson Elser’s thought leaders.

Thursday, May 22, 1–2 pm ET
Yours, Mine, or Ours? The Complex and Often Competing Duties Owed by Agents and Brokers to Their Insurers and Insureds 
Peter Moore, Daniel Tranen, Robin Wexler

The complex and often competing duties owed by agents and brokers to their insurers and insureds can be complicated and vary significantly across jurisdictions. The presenters will provide a coherent overview of the duties owed by, between, and among captive agents and brokers, insurers and insureds, and managing general agents and underwriters. They will outline some of the key differences across jurisdictions that insurers should consider when evaluating their duties and how those duties may be affected by local laws, statutory schemes, and specific factual scenarios. The course will also address strategies for identifying situations that may create exposure for insurers based on the conduct or statements of their agents and brokers and, potentially, those of the insureds.