Latest Errors Omissions Headlines

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

Issues to Consider When Placing Professional Liability

Feb 7 2011 // When placing coverage for your clients, with a fair degree of frequency your agency will need to look at placing professional liability — a/k/a errors and omissions — coverage for those risks. Typically, when thinking...

IronPro Introduces Tech E&O Coverage

Jan 19 2011 // IronPro, the professional liability unit of Ironshore Inc., has introduced a specialized technology professional liability policy designed for the complex exposures of the information technology and computer industries....

E&O Insights: Hotspots to Consider When Insuring Construction Risks

Jan 10 2011 // Although the economy has taken its toll on the construction industry, the majority of insurance agencies probably insure a contractor or two. There is no doubt this class of business has caused its share of errors and...

XL Insurance, Jorgensen & Co. Partner to Provide Accountants E&O Insurance

Jan 6 2011 // XL Insurance, the global insurance operations of XL Group, and Jorgensen & Co., a specialist professional liability managing general underwriter, today announced a joint underwriting agreement to provide...

California Wholesaler Appointing Wholesalers, Surplus Lines Brokers, MGA’s to Write E&O Insurance

Jan 5 2011 // Effective January 5 2011 – Laurel Fowler Insurance Broker, Inc – California based wholesaler is appointing Wholesalers, Surplus lines Brokers and MGA’s in Texas, California, Florida and most States, to...

AmerInst Professional Launches E&O Coverage for Small Law Firms

Jan 5 2011 // When it comes to the legal profession, there are two known facts: claims against lawyers tend to increase in an economic downturn; and small firms (with fewer than five attorneys) are extremely vulnerable to legal...

Trustees Face Big Liability

Dec 20 2010 // An attorney, family member or friend asked to serve as trustee faces a big responsibility as well as significant liability. Trustees are often called upon at a challenging juncture in the life of an individual or family;...

How an E&O Claim Could Affect Agency Employee’s Career

Dec 20 2010 // Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. But agency owners are not the only ones...

Lawyer Malpractice Claims on the Rise

Dec 8 2010 // The economy has taken its toll on all businesses today and law firms are no exception. They have experienced downsizing, pressure to change specialties in order to compete for new business, and other cost cutting measures,...

Travelers Expands IndustryEdge Offering for Equipment Dealers

Dec 6 2010 // Travelers has introduced IndustryEdge for Equipment Dealers that provides custom-designed coverage to help protect against the unique risks and exposures in the equipment distribution industry.Available through...

Lawyer Malpractice Claims on the Rise

Dec 5 2010 // The economy has taken its toll on all businesses today and law firms are no exception. They have experienced downsizing, pressure to change specialties in order to compete for new business, and other cost cutting measures,...

E&O Insights: Pounds of Prevention in 2011

Dec 5 2010 // Traditionally, as another year begins, we establish personal and professional goals. On the personal side, shedding a few pounds is often an objective. After all, with fewer pounds, we will look better and feel more fit....

E&O Insights: Nothing Standard About Professional Liability

Dec 1 2010 // Typically, when looking to move an account from one carrier to another, you can count on some degree of similarity in policy forms. For the most part, a general liability policy with one standard company will look similar...

The Time is Not Right to Drop Real Estate Professionals E&O

Nov 29 2010 // The ongoing downturn in the real estate market is forcing many professionals to make tough choices on where to trim expenses. While during a hot real estate market realtors would not consider dropping their errors and...

How an E&O Claim Could Affect Agency Employee’s Career

Nov 18 2010 // Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. But agency owners are not the only ones...

Rockwood Reduces Premiums for Its Life Agent E&O Product

Nov 17 2010 // Rockwood Reduces Premiums for Its Life Agent E&O ProductRockwood Programs, Inc. has implemented premium reductions of about 20 percent for its life agent’s errors and omissions (E&O). More significant savings...

Reporting Firms Face Risks as U.S. Cracks Down on Medicare, Medicaid Costs

Nov 14 2010 // The federal government’s crackdown on fraud and errors in Medicare and Medicaid is raising liability issues for firms that specialize in managing claims and billing for these programs – and has some scampering...

Liberty Adds Manufacturers’ E&O Endorsement to Product Recall Policy

Nov 8 2010 // Normally sold as a stand-alone professional liability policy, the new manufacturers’ errors and omissions (ME&O) endorsement from Liberty International Underwriters (LIU) marks the first time this coverage can be...

Why Now Is a Good Time for Agency Network Growth

Nov 5 2010 // They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for more than three decades but in the past few...

The Hanover Expands Technology Capabilities to 125 Classes

Nov 3 2010 // The Hanover Insurance Group, Inc. has expanded its technology capabilities, adding a suite of solutions for over 125 classes of technology businesses. The new coverages build on the company’s small commercial...