The regulator called
us in a case which involved a dispute between the regulator
and an insurer as to whether a series of “exchanges”
instituted by the company were actually replacements and whether
clients were disadvantaged and whether replacement forms were
required.
Allegation
B: Due Diligence - Agent
A client died several months after
a policy lapsed and the widow sued. At issue was whether sufficient
effort was made by the agent in attempting to prevent the
lapse. I was “a friend of the court.”
Allegation
C: Misconduct - Agent
A company terminated an agents
contract due to alleged misconduct in dealings with clients.
The agent sued for wrongful dismissal. The company employed
my services to help ascertain whether they should continue
to fight or to settle.
Allegation
D: Misrepresentation - Company/ Agent
An agent sold a number of policies
on a “funding concept.” The client never saw the
benefits of the concept and sued. The plaintiff’s lawyer
employed my services.
Allegation
E: Due Diligence - Agent
A servicing agent stopped calling
a client, the policy lapsed and the client died from an ongoing
illness. The beneficiary sued. The E&O carrier employed
my services.
