Strict liability laws, closing protection letters becoming more prevalent

During a recent October Research Webinar titled, “The Closer’s Balancing Act,” experts discussed the changing relationship dynamics between underwriters and agents and how the entire industry is being viewed by regulators after a tumultuous 2011 that saw several high-profile defalcations. Read on for part two of our coverage, which looks at the legislative and judicial answers to the industry’s recent problems. Are they the answer?