Show Notes:

In this episode of Portfolio Perspective: Managing Risk & Seizing Opportunity, Andrew Pace sits down with Mike Peplinski, Vice President at Harding Brooks Insurance Agency, to unpack urgent legal and insurance challenges in today’s high-stakes asset recovery environment. As lawsuits escalate and contract scrutiny intensifies, Mike shares direct, field-tested advice for lenders, forwarders, and recovery agents looking to reduce exposure and build stronger, more compliant operations. From claim denials to documentation breakdowns, this episode delivers critical insights for protecting your portfolio—and your brand.

Guest:

Mike Peplinski, Vice President, Harding Brooks Insurance Agency

Key Topics Discussed:

  • The sharp rise in wrongful repossession lawsuits and litigation funding trends
  • How invalid assignments and contract language drive legal exposure
  • The risk of one-sided indemnification clauses—and how to spot them
  • Documentation strategies: dash cams, body cams, and proactive training
  • Why most insurance claim denials stem from contract language, not coverage
  • Managing subcontractors and verifying licensing and insurance
  • How bank consolidation shifts the power dynamic with vendors
  • Why culture, safety, and technology usage shape long-term insurability

Executive Takeaways:

“If you’re the one teaching your insurance agent what’s going on, they’re probably not the right fit.”

“Probably 50% of the claims we see now are due to invalid assignments—and most of them have nothing to do with the repossessor.”

“Without audio or video evidence, you’re negotiating with your checkbook. It’s that simple.”

“Technology can be your best friend—or your biggest liability. If you have telematics and don’t use it, it could be used against you.”

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