All the headlines from our Errors Omissions Topic Page, ordered by recency.
Jul 2 2012 // As a volunteer engaged with a network of agency management system vendor clients, I have an opportunity to hear from my peers about their experiences and compare this with what goes on in our own office. While we all find...
Jun 27 2012 // Do you ever advise your clients the company issued their policy with errors so you’ll send it to them once the company reissues the policy with corrections? The exposure this seemingly good customer service creates...
Jun 18 2012 // Umbrellas are apparently not as simple as many would like to believe because various issues involving umbrellas cause more than their fair share of errors and omissions claims. Due to the nature of umbrella coverage, the...
Jun 18 2012 // U.S. companies face many exposures around the globe. Increasingly, they are traced to a crackdown against corporate bribery. Ann Longmore is an executive vice president of Willis and an expert in foreign exposures for U.S....
Jun 13 2012 // Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand.Tip #3 Do you follow-up in writing when your insurance proposal is rejected? The failure to take this step can result in...
Jun 6 2012 // Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand.Tip #2 Always use a coverage analysis checklist on new and renewal business! When was the last time you went to the...
May 30 2012 // Insurance agency consultant Chris Burand is launching a new blog on insurance agency errors and omissions (E&O) issues on InsuranceJournal.comIn Burand’s Agency E&O Blog, the consultant will share E&O...
May 30 2012 // Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand.Tip #1 When was the last time you checked to make certain your producers and agency staff were using current and...
May 21 2012 // Every year, errors and omissions (E&O) claims arising out of the placement of workers’ compensation account for approximately 10 percent of all claims. Many of those workers’ comp claims are well in excess...
Apr 16 2012 // ACE USA’s ACE Medical Risk Division now offers increased reimbursement limits for legal expenses incurred because of an action by a federal or state agency arising from a podiatrist’s participation in the...
Apr 16 2012 // Louisiana Agency Partners, The Kirksey AgencyLouisiana Agency Partners (LAP) announced that The Kirksey Agency in West Monroe, La., has become the 12th member agency of the Louisiana-based network of independent insurance...
Apr 10 2012 // Chartis has introduced Leaders Risk Protector, a modular insurance product expressly designed for schools, associations and public entities that was developed by its Financial Lines division. Underwritten by the Chartis...
Apr 2 2012 // Effective use of the various forms of social media can play a huge role in the success of your business. Therein is the crux of the issue — “effective use.”To simply start using social media such as Twitter,...
Mar 30 2012 // Argo Group International Holdings, Ltd. will reorganize its U.S. professional lines businesses into a single platform under the Argo Pro brand. The reorganization consolidates three of Argo’s current business units:...
Mar 28 2012 // A new program sponsored by the National Ethics Association provides low-cost E&O insurance to property & casualty insurance agents nationwide. Issued by Everest National Insurance Co. and administered by Marsh U.S....
Mar 26 2012 // Beazley Group has introduced a new healthcare regulatory liability policy to protect policyholders against errors & omissions claims brought by or on behalf of governmental entities. Uniquely, the policy also responds...
Mar 19 2012 // There is a tremendous amount of mergers and acquisitions activity going on in our industry. Every day, insurance news providers report on insurance acquisitions. The big agencies are not only getting bigger, they seem to...
Mar 19 2012 // I have been working with agency owners in one capacity or another for 25 years. During this quarter-century, some aspects of agency management have greatly transformed, while others have not changed at all.Clusters &...
Mar 6 2012 // Protective Specialty Insurance Co. has launched a pair of new errors and omissions products for insurance agents. One product will cater to life insurance agents, and the other will be tailored to property/casualty...
Feb 22 2012 // The Professional Underwriting Group, Inc. (PUG) will now provide insurance agents and brokers professional liability insurance for insurers earning a rating of “A” or better from Demotech. The insurance...