All the headlines from our Errors Omissions Topic Page, ordered by recency.
Sep 14 2011 // Business Risk Partners has launched a new standard E&O (errors & omissions) policy form for home inspectors. The policy, underwritten by Lloyd’s of London, reflects improvements across the board as a result...
Sep 12 2011 // Coverage for open houses, mold, network risks and privacy claims are now part of Victor O. Schinnerer & Company’s real estate E&O policy. Schinnerer includes the three new coverages at no additional...
Sep 8 2011 // Pearl Insurance has introduced a new errors and omissions policy for real estate professionals. The REALTORS professional liability policy includes a mold endorsement with increased limits, subpoena assistance, free...
Sep 7 2011 // Geof McKernan, CEO of Philadelphia-based NSM Insurance Group, announced the acquisition of AFPD, a national program administrator for Lawyers and Dentist E&O programs, headquartered on Long Island, NY.AFPD is a program...
Sep 6 2011 // Insurance Noodle, part of Willis North America, a unit of Willis Group Holdings, has added has added the management and professional liability products of ACE Commercial Risk Services to the offerings of its online quoting...
Aug 23 2011 // Monitor Liability Managers, LLC has introduced a new employed lawyers professional liability (ELP) insurance program. The product provides attorneys and their staff working as corporate counsel with coverage for claims...
Aug 19 2011 // Business Risk Partners (BRP) now offers a new standard professional liability (E&O) policy form for hundreds of service professions. Policies will be underwritten by Lloyd’s of London, the company’s partner...
Aug 17 2011 // Wright USA has launched a professional liability product tailored to United States government personnel who are responsible for managing the activities of others. The product – branded as the Career Protector Plan – is...
Aug 15 2011 // While most agencies want to avoid errors and omissions (E&O) claims, there may be some agents that are just dying for the experience of what it feels like. For those folks, here are some ways to significantly increase...
Aug 15 2011 // I am frequently asked how agencies can increase their revenue per person. Since all agencies are basically the same, I have developed a three step program that is sure to help every agency increase this all important...
Jul 18 2011 // The excess and surplus lines (E&S) marketplace fulfills a huge role in our industry. The exposures it can entertain are virtually limitless. Without this segment of our industry, many risks might very well have gone...
Jun 21 2011 // After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets “caught in the middle” of a dispute between the policy holder and the insured. Often,...
Jun 20 2011 // Have you ever had your attention wander during a client presentation, forgotten to recommend a coverage, left an account folder at a restaurant or fallen asleep at the wheel on the way to a meeting?Those might be the...
Jun 20 2011 // The answer to the question posed in the headline is probably “no.” Despite your efforts, not every account (personal or commercial) buys this protection. The best follow up question would be, “Have you...
Jun 20 2011 // Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and...
Jun 6 2011 // Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and...
Jun 6 2011 // Agents and adjusters have completely different roles in the insurance industry. But as intermediaries between insurance companies and their customers they have one critical thing in common: They often get called into...
Jun 6 2011 // After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets “caught in the middle” of a dispute between the policy holder and the insured. Often,...
Jun 1 2011 // I have spent several months discussing how to define, train and implement, standards, procedures and workflows. Early in this series of posts one commenter on this blog asked me what was the value in going through this...
May 20 2011 // General Star Management Co. has launched an insurance agents and brokers E&O program, which will be offered through the National Specialty Programs unit of All Risks, Ltd., located Hunt Valley, MD. All Risks will be...