By Peter Christensen I have written on this blog about the recurring issue of FDIC-related exclusions in appraiser professional liability (or E&O) insurance policies. Today, an appraiser in Florida was sued by her E&O insurer to deny coverage for damages in an FDIC lawsuit against her based on such an exclusion in her policy. I will write about that case in a future post (update: the post about that case is here).
Via:: FDIC Guidance about New Exclusions in Liability Insurance Policies
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Written by : Peter Christensen
Peter Christensen is an attorney. He’s a member of the California, Washington, and Montana state bars. His law practice is dedicated to valuation issues. He’s the author of Risk Management for Real Estate Appraisers and Appraisal Firms, published by the Appraisal Institute. He has taught hundreds of appraiser legal and liability prevention seminars around the country.