Commentary on the settlement of the BVAG insurance: Brokers are threatened with liability claims
BVAG Versicherung is insolvent. In a guest article for FONDS professionell ONLINE, lawyer Dr. Johannes Fiala and actuary Peter A. Schramm state that brokers who brokered BVAG policies for their clients may now be held liable under certain circumstances. Net loss for the year 6.3 million euros Back in May 2013, the trade press […]