We explore and analyze current issues and relevant topics to help accountants, attorneys, architects and engineers, insurance agents and real estate brokers avoid a professional liability case.
In Ferguson v. Aon Risk Servs. Co., the United States District Court for the Northern District of Illinois granted Defendants’ (collectively, “Aon”) motion for summary judgment based on Plaintiffs’ lack of standing as third-party beneficiaries and failure to file within the statute of limitations.
The 8th Circuit affirmed summary judgment in favor of an insurance broker on claims of negligent procurement and breach of contract brought by a putative additional insured under a property policy
Nebraska Supreme Court rules insurance broker owed no duty to advise employer of insurance obligations under workers’ compensation act.
There’s a case from 2015 that’s worth looking at again for insurance agents in Illinois. This was the one where the Illinois Supreme Court decided that a person who has to be licensed to sell insurance in Illinois has a duty to “exercise ordinary care and skill” in renewing, procuring, binding, or placing coverage. The case was Skaperdas v. Country Cas. Ins. Co., 28 N.E.3d 747 (Ill. 2015), and the background on what led to this key decision is discussed below.