Representation of Publuc Adjusters and Brokers
Public adjusters have been the front line advocates on behalf of policyholders for decades. The use and function of public adjusters, however, have been regulated by the state legislatures, thereby creating various legal issues. Recognizing their unique role, Weg and Myers, P.C. has historically represented public adjusters in regulatory and legal disputes and continues in its efforts to preserve and safeguard their rights.
While Weg and Myers, P.C. has traditionally prosecuted claims against insurance brokers (see practice area below), Weg and Myers has been called upon to represent insurance brokers in commercial disputes with insurance companies wherein the carrier has been accused of breaching the contractual rights of the broker. Such representation generally stems from an agency agreement entered into between the broker and the carrier which is not being honored by the carrier or where the carrier has improperly attempted to terminate that relationship. As an example of Weg and Myers efforts, it was successful in negotiating a $400,000.00 settlement with TIG insurance company as a result of TIG's alleged failure to properly credit an insurance broker with business it had written for the company which entitled that broker to a contingency commission based upon the broker's production numbers.