Latest Errors Omissions Headlines

All the headlines from our Errors Omissions Topic Page, ordered by recency.

Insurance Agents, Adjusters Vulnerable to Lawsuits Even When They’re not to Blame

May 16 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...

Insurance Agents, Adjusters Vulnerable to Lawsuits Even When They’re not to Blame

May 16 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...

How to Prevent E&O Lawsuits for Black Swan Risks

May 16 2011 // The timeless maxim- “think globally, act locally” – coined in 1915 by social activist Patrick Geddes, underscores the vital importance for insurance agents to really think through the scope of their...

E&O Insights: Are Customers Properly Protected for Business Interruption

May 9 2011 // While you may answer the question posed in the headline by saying that most of your commercial customers have business interruption coverage, the issue here is not whether they have the coverage, but whether they are...

The Nap Defense

May 2 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...

E&O Insights: Exposures to Watch for When Insuring the Local Neighborhood Tavern Risk

May 2 2011 // While many towns might not have a hardware store or a dry cleaner, chances are there is a neighborhood tavern. It is estimated there are more than 50,000 bars in the United States. In fact, many of these taverns have been...

E&O for Agents – A Necessity Even if Mistakes Don’t Happen

May 2 2011 // Errors and omissions insurance is available, and necessary, not just because mistakes happen. A customer’s perception can be that the reason a loss was not covered, valid or not, was the result of an agent’s...

Markel Programs, Burns & Wilcox Partner to Offer Real Estate E&O Program

Apr 28 2011 // Markel has partnered with Burns & Wilcox to offer a Real Estate Errors & Omissions program to a range of residential and commercial real estate industry accounts. This Markel Programs/Burns & Wilcox product...

E&O Insights: Are Your Customers Properly Protected for Business Interruption?

Apr 18 2011 // While you may answer the question posed in the headline by saying that most of your commercial customers have business interruption coverage, the issue here is not whether they have the coverage, but whether they are...

Synergy Professional Associates Launches Small Firm Lawyers E&O Program

Apr 14 2011 // Synergy Professional Associates has a new lawyers professional liability program, which focuses on small firms with a specialty in intellectual property. The new facility targets firms from one to 10 attorneys who have a...

Agents, Adjusters Vulnerable to Lawsuits Even When They’re Not to Blame

Mar 30 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 pulled into claims...

National Legal Association Selects The Hanover as Lawyers E&O Provider

Mar 29 2011 // The Hanover Insurance Group, Inc. has been selected by the National Legal Aid and Defender Association (NLADA) as the exclusive provider of lawyers professional liability coverage for its members. Wells Fargo Insurance...

The Funnel of Agency E&O Claims

Mar 21 2011 // This industry is filled with confusing and often contradictory recommendations regarding how to avoid E&O claims. This is frustrating for me, so I know it is frustrating for agents. I believe the source of the...

Hot Programs and Products

Mar 21 2011 // Here’s what some insurers and brokers have been up to recently, inventing and tweaking key programs and coverages.Liability: Professional, E&O, D&O, EPLI CNA launched Epack Extra, an enhanced version of its...

Agency E&O Liability for Failing to Procure Coverage

Mar 21 2011 // Insurance agents can be sued by their clients for breach of contract or negligence when they fail to procure appropriate insurance coverage. Generally, an insurance agent or broker who undertakes to procure insurance for a...

E&O Insights: Common Auto, Homeowners Errors

Mar 7 2011 // When dissecting Errors & Omissions claims frequency, it is apparent there is real E&O exposure for agencies writing personal auto and/or homeowners coverage. The latest reports show that 25 percent to 30 percent of...

How Agents Can Serve Their Local Technology Sector

Mar 7 2011 // Late last year, Paul Allen, co-founder of Microsoft, filed a lawsuit over alleged patent infringement against some of the biggest names in technology, including Facebook, Google and Apple. For some, the lawsuit may appear...

Chubb Launches E&O, GL Insurance Policy for Life Sciences Firms

Mar 1 2011 // The Chubb Group of Insurance Companies is offering newerrors and omissions (E&O) and general liability insurance policies to address risks faced by life sciences companies.Chubb’s general liability policy,...

Business Risk Partners Launches Combo GL, E&O Coverage for Home Inspectors

Feb 16 2011 // Business Risk Partners is now offering general liability coverage to home inspector firms that purchase errors & omissions insurance. Bundling the two products addresses the increasingly grey areas between GL and...

E&O for Agents – A Necessity Even if Mistakes Don’t Happen

Feb 7 2011 // Errors and omissions insurance is available, and necessary, not just because mistakes happen. A customer’s perception can be that the reason a loss was not covered, valid or not, was the result of an agent’s...