P.K. Schrieffer LLP successfully defended an insurance producer and broker in a professional negligence cause of action. The limited liability partnership was compensated for the loss by the carrier but pursued professional negligence claims against the
P.K. Schrieffer LLP successfully defended an insurance producer and broker in a professional negligence cause of action. The limited liability partnership was compensated for the loss by the carrier but pursued professional negligence claims against the producer and broker based in part on delay in determining limits. After one deposition, the limited partnership agreed to dismiss the case against the producer and broker for a waiver of costs.