Agent Broker

Agent/Broker Standard of Care

Mr. Underdown has extensive experience in the insurance industry. As an insurance expert witness he has testified in many cases on the issue of Agent/Broker Standard of Care. His testimony is based on over 40 years of experience in the industry as an Adjuster, Claims Manager, Risk Manager and as an Insurance Consultant. Mr. Underdown has dealt with a variety of local, regional, and national agents and brokers.

Agent/Broker Compensation

Mr. Underdown has testified in cases involving agent/broker compensation and has testified in a case where the broker was charging fees, taking commissions, and also receiving a part of the premium finance fees. Mr. Underdown’s position is that there is nothing wrong with charging fees or commissions, and/or collecting part of the premium finance premium, as long as the information is adequately disclosed to the client/insured.

Agent/Broker Contingency Commissions

In an unpublished opinion on contingency commissions Mr. Underdown has opined that there is nothing inherently wrong with contingency commissions as long as they are adequately disclosed to the client/insured. There are times when it may definitely be beneficial to the prospective insured, because an agent or broker who places substantial amount of business with one insurance company may be able to obtain better pricing than a competitor.


Do you have a need for an expert witness in an area of specialization not listed here?

Please email or call me with whatever specialty you are looking for and I will find you an expert,

whether it be in the insurance field or any other field in which a forensic expert is needed.