A state insurance commissioner brought a multiyear professional liability action against its former managing general agent and its parent company, encompassing virtually every aspect of the insurance industry, including underwriting, primary and excess coverage, actuarial services and claims handling. Our firm represented the state insurance commissioner in the matter, which was resolved for a total settlement of $51.6 million.
Results may vary depending on your particular facts and legal circumstances.
State Insurance Commissioner Settles Professional Liability Matter
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