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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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More