Why attorneys target advisors and not companies or policies Blog added by Steve Savant on June 25, 2014
Steve Savant

Steve Savant

Scottsdale , AZ

Joined: January 28, 2005

An advisor’s exposure to litigation can often be greater than that of a carrier. The vast majority of licensing agreements heavily favor the carrier and the history of carriers distancing themselves from an advisor in trouble is often a fact in arbitration. And while errors and omission insurance can help, it isn’t always insulation against financial judgments. Most prosecuting attorneys go after the advisor as the primary target in litigation. Ilya Lerma J.D. is interviewed in this video blog.

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