$1M liability coverage
not enough today: lawyer
Legal community more open to taking insurance
companies to court for 'bad advice'
INSURANCE COMPANIES need to do a
better job of informing clients about liability
coverage — or risk the possibility of a negli-
gence ruling.
"In the right case, we would absolutely pur-
sue a broker for giving bad advice, especially
in this day and age," says Darcy Merkur, a
partner at Thomson Rogers.
He says the legal community is trying to
"raise the ante" by monitoring and pursuing
insurance brokers who are selling $1-million
liability policies to people who don't appre-
ciate that it's inadequate to protect them
against liability for causing a serious accident.
"We've contemplated it, we've put insur-
ance brokers on notice. We've never taken the
case to trial, but we have pursued and we will
continue to pursue insurance brokers for giv-
FEATURE
FOCUS ON PERSONAL INJURY
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