Frequency and Severity of E&O Lawsuits Against Real Estate Professionals Have Increased
Coinciding with the cooling housing market, the frequency and severity of lawsuits filed against real estate professionals have escalated. A contributing factor to this phenomenon is self-reported frustration from buyers who completed transactions at the height of the market. At Victor Insurance Managers LLC, we’ve seen year-on-year increases in both the frequency (9%) and severity…
