Insurance Coverage
KBR acts as coverage and monitoring counsel nationwide for insurers issuing professional liability insurance to broker-dealers of all sizes. Our attorneys are well-versed in the claims, including unsuitable investments, churning, breach of duty, violation of state consumer protection laws and violation of state and federal securities law. We monitor claims, evaluate coverage issues, advise as to exposure and assist in settlement negotiations. We also represent our clients in coverage disputes, including in coverage mediations, arbitrations or litigations.
Professional Liability
KBR represents broker-dealers and other market professionals in claims by customers alleging a variety of wrongdoing, including unsuitable investments, churning, breach of duty, violation of state consumer protection laws and violation of state and federal securities law. We defend these claims in NASD arbitration proceedings as well as state and federal courts throughout the country. Our Appellate Practice Team stands ready to defend or prosecute these matters on the appellate level if necessary.
We also provide coverage and monitoring counsel nationwide for insurers issuing professional liability coverage to broker-dealers. In that regard, we, among other things, monitor pending claims, evaluate coverage issues, advise as to exposure and assist in settlement negotiations. In addition, we have extensive experience in all aspects of the underwriting process, including policy drafting.