Insurance
Nov. 21, 2009
Trending Against the Broker
The law is no longer favoring brokers over policyholders.
Some legal areas are consistently predictable. Other areas "ebb and flow" - for instance, the rules with respect to the recovery of punitive damages. Those rules long favored the plaintiff, but recently have somewhat tilted towards the defendant.
Another example is policyholder versus broker. For a while, the latter generally prevailed over the former. Yet, as explained below, the tide has turned. The latest such example is Williams v. Hilb, Royal & Hobbs Ins. Svcs., 2009...For only $95 a month (the price of 2 article purchases)
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