KIA&B May/June 2020 | Page 32

LEGAL EASE THE PROBLEM WITH WEBSITES BY: WILL LARSON Many agents believe that websites can be a valuable marketing tool. Others think of websites as merely a place to provide contact information. However, there is one thing most agents have in common; they don’t know what’s on their websites. From an E&O standpoint, the information on your website can be a problem, and sometimes a big problem. In some instances, it can significantly increase your E&O exposure. A few months ago, Swiss Re reported defending 45 E&O claims nationwide, where website content was a significant factor in setting reserves. It is a major area of concern for Swiss Re. In Kansas, we have had three substantial claims over the last several years in which the agency’s website was a major concern. The guidelines below explain the problems and suggest ways to address it. 1. Under Kansas case law, an Agent has to obtain the insurance the customer wants or to tell the customer if he can’t. It is a limited duty. The duty can be expanded by a specific agreement or an implied agreement based on representations to a customer that an agent is an insurance advisor. Acting as an insurance advisor significantly increases an agent’s E&O exposure. About ten years ago, I had my first case where the plaintiff alleged an expanded duty because of the Agency website’s representations. We’ve had three notable cases in Kansas within the last five or six years where representations on the agency’s website were a significant issue. 32