All the headlines from our Errors Omissions Topic Page, ordered by recency.
Apr 1 2015 // CGSC North America has launched STATPro Underwriters, a managing general agency serving the Miscellaneous Professional Liability insurance marketSTATPro provides underwriting exclusively via Swett & Crawford wholesale...
Mar 23 2015 // While most agents are aware that mergers and acquisitions are hot topics in the world of insurance agencies, insurance is not the only segment of our industry affected. In many communities, hospitals, accounting firms,...
Feb 23 2015 // As spring approaches, agencies may have some opportunities to secure commercial accounts dealing with watercraft business. These accounts, typically classified as marinas, boat yards or boat moorage, offer a multitude of...
Feb 20 2015 // Bruce Simmons Business Risk Partners, a program administrator in specialty insurance, has hired Bruce Simmons as errors and omissions (E&O) manager for miscellaneous professional liability (MPL) and cyber liability...
Feb 19 2015 // Integro Ltd. has acquired E&O Professional Risk Management and Insurance Services Inc. of Mission Viejo, Calif.Terms of the deal were not disclosed. E&O Pros founder and CEO Sheri Pontolillo will lead the E&O...
Feb 9 2015 // In today’s digital world of constant communication through methods like email, texting and social media, consumers expect 24/7 access to everyone, including their insurance agent. And while this access can increase...
Feb 4 2015 // CapSpecialty has launched CapSpecialty TechMediaCyber (CapTMC), a new professional liability errors & omissions product issued by Capitol Specialty Insurance Corp. that includes cyber protection and offers data privacy...
Jan 26 2015 // Regardless of whether the market is hard or soft, for agencies to be successful will typically require that they have an active, ongoing relationship with at least a couple of excess and surplus lines (E&S)...
Jan 9 2015 // Professional Underwriting Group, Inc. is now offering an admitted program for insurance agent’s errors and omission insurance to qualifying insurance agents in Alabama, Arizona, California, Colorado, Florida,...
Dec 9 2014 // While many insurance agencies stick with their agency E&O carrier for years, those that do shop around tend to do so when premiums are rising and, according to a recent Insurance Journal survey, more agencies are...
Dec 1 2014 // Now more than ever agents are stepping up to the plate to protect their business. The experts agree that today agencies are more aware and proactive about reducing errors and omissions (E&O) risk.“Agents have...
Dec 1 2014 // There are similarities between deciding to run a marathon and managing your agency’s errors and omissions (E&O) exposure. Very few people, if any, can wake up one day, decide to run a marathon and then, without...
Nov 18 2014 // The Professional Insurance Agents of Florida Inc. (PIA of Florida) has tapped National Insurance Underwriters (NIU) as the official underwriter of its insurance agents’ professional liability errors and omissions...
Nov 17 2014 // USG Insurance Services Inc., a national wholesaler and managing general agent, has launched of a professional division in El Segundo, Calif.The firm has also hired Frederick Fisher as director of professional liability....
Nov 5 2014 // Allied World North America has launched Privacy//403 SRVS PRO, the latest product in the company’s suite of errors and omissions (E&O) productsPrivacy//403 SRVS PRO builds on the Specified Response Vendor...
Nov 3 2014 // In terms of agency E&O trends, carriers are closely eyeing an uptick in claims severity.According to Curtis Pearsall, president of Pearsall Associates Inc., a risk management consulting firm specializing agency...
Nov 3 2014 // There’s no shortage of accountants in the United States today, and the growth of this industry is not expected to slow anytime soon.In 2013, there were 1.17 million accountants and auditors and 1.59 million...
Nov 3 2014 // Errors and omissions (E&O) coverage: It’s one of the most important coverages you can secure. After all, your agency’s protection depends heavily on your E&O policy and how it works. Despite this, it...
Nov 3 2014 // While many agencies stick with their agency errors and omissions (E&O) carrier, those that do shop around tend to do so when premiums are rising. According to Insurance Journal‘s exclusive 2014 Agency E&O...
Oct 24 2014 // Confirmation That Suit Papers Have Been Received by the Carrier.While not an every day occurrence, most agencies receive suit papers from various parties several times a year and these papers must be forwarded to the...