LexisNexis® Legal Newsroom
McCarter & English on Dealing with Conflicts of Interest Inherent in Retrospective Premium Policies

By Steven H. Weisman and Anne Matthews, Attorneys, McCarter & English, LLP There is an inherent conflict of interest created by retrospective premium policies not present in the more typical, guaranteed cost policy. In a guaranteed cost policy, the parties' interests are generally aligned...

More On Adjuster Personal Liability For Flawed Claims Handling

(Co-written with Tina Zheng -- summer associate at White and Williams and second year student at Cornell Law School) Try as we might, none of us are immune from making a mistake on the job. It matters not our effort nor how much experience we have. It is just, well, life. Mistakes vary in their severity...