All the headlines from our Errors Omissions Topic Page, ordered by recency.
Feb 17 2012 // Five Star Healthcare, a division of Crump Insurance Services, has added an insurance facility to provide coverage for managed care service providers.The product consists of a single-policy solution providing multiple...
Feb 17 2012 // Brownyard Group has introduced errors and omissions (E&O) coverage for its PCOpro pest control program. The new coverage provides protection against claims seeking monetary damages due to negligence. The program...
Feb 9 2012 // Agents and brokers have three new options for technology risks from Liberty International Underwriters (LIU).The specialty lines division of Liberty Mutual Insurance has started offering a trio of new primary cyber...
Feb 6 2012 // From time to time, an account is moved from one form of insurance to another. The scenario could involve moving from a claims-made form to an occurrence form, or vice versa. Other scenarios could involve moving from a...
Feb 6 2012 // Now more than ever, the insurance professional’s ability to create a proactive risk management plan for clients is crucial to success. Insurance professionals handle many types of insurance policies. In fact,...
Feb 6 2012 // During the winter I was traveling in the snowy Northeast calling on agents. Between appointments, I passed a local hardware store that prominently displayed on outdoor signage “Road Salt” and a price per...
Jan 31 2012 // The Independent Agents & Brokers of America (IIABA) Big “I” Professional Liability Program and Swiss Re Corporate Solutions have launched a new risk management website.The “E&O Happens”...
Jan 23 2012 // Powered by InsuranceJournal.tv The soft market is turning, perhaps not dramatically but it is turning, says Jerry Sullivan, chairman, The Sullivan Group, in Los Angeles. If carriers decide they must raise prices, will...
Jan 23 2012 // Employment practices liability insurance (EPLI) has been around since the early 1990s, mostly due to the passage of the 1991 amendments to the Civil Rights Act. Some of the latest information noted on various websites puts...
Jan 3 2012 // Victor O. Schinnerer has created a new errors and omissions product for artisan contractors that includes coverage for faulty workmanship.“We want to offer our artisan contractor policyholders an insurance solution...
Dec 30 2011 // As the end of 2011 approaches, this is a good time to reflect upon what went well and what didn’t during the year — as well as what changes you should make in 2012. Here are a few errors and omissions (E&O)...
Dec 16 2011 // Have you ever wondered how modern-day fire departments began? Or why agents buy E&O coverage? What about when the first business owners policy launched? These are just a few questions that Insurance Journal and Claims...
Dec 16 2011 // Agency owners have a lot to protect. Of course, first and foremost they must protect their clients.But they must also protect their book of business. They must protect their relationships. They must protect their...
Dec 16 2011 // As the end of 2011 approaches, this is a good time to reflect upon what went well and what didn’t during the year — as well as what changes you should make in 2012. Here are a few errors and omissions (E&O)...
Dec 16 2011 // Together Again: 3-in-1 What are the industry’s young agents thinking? What are typical salaries and benefits in agencies? What issues do agencies have with their errors and omissions (E&O) coverage and...
Dec 5 2011 // Agents shopping for errors and omissions coverage should compare the details of the policies because not all E&O policies are the same, according to experts in this market.As Scott Goodreau, chief risk officer for...
Dec 1 2011 // The answer to the question posed in the headline is a definite “yes.” This has actually developed into a significant issue for agents and is one of the current errors and omissions (E&O) hotspots agents...
Dec 1 2011 // The best way to keep agency customers happy is to avoid claims in the first place but, of course, that’s easier said than done.When claims do happen, independent agents can play a valuable role in determining whether...
Nov 22 2011 // I have often been asked why procedural consistency is important for reducing errors and omissions (E&O) exposures. Another way of asking the question is, “Why is inconsistency an issue?”Let’s first...
Nov 22 2011 // Agency owners have a lot to protect. Of course, first and foremost they must protect their clients.But they must also protect their book of business. They must protect their relationships. They must protect their...