All the headlines from our Errors Omissions Topic Page, ordered by recency.
Jul 6 2010 // When uttered together by a client, the five words in the headline of this article are — potentially — very dangerous words.Note the following claim and ask yourself, “Could this happen in my agency?” The...
Jun 30 2010 // Rockwood Programs, Inc. has revised its life/accident and health insurance agents’ errors and omissions (E&O) offering by embedding $100,000 limit general liability coverage in the product.These coverage...
Jun 29 2010 // Zurich North America Commercial has raised the available capacity for its specialty errors & omissions business from $10 million to $25 million and removed revenue restrictions for primary business. In addition, Zurich...
Jun 21 2010 // When uttered together by a client, the five words in the headline of this article are – potentially – very dangerous words.Note the following claim and ask yourself, “Could this happen in my...
Jun 18 2010 // NAS Insurance Services, Inc. has released new rates for insurance agents and brokers E&O. Agents managing 100 percent personal lines have new reduced rates and a new minimum premium starting at $2,000. Agents handling...
Jun 11 2010 // When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable underwriters knew their stuff. They were great resources for...
Jun 7 2010 // Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about...
May 21 2010 // General Star Management Company has launched a new miscellaneous professional liability (MPL) program available in all states. The program is offered through V3 Insurance Partners LLC, General Star’s exclusive...
May 20 2010 // Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about...
May 17 2010 // Having met the management of many managing general agencies (MGA), and managing general underwriters (MGU), I have been somewhat surprised by their perspective on their errors and omissions (E&O) claim potential. Some...
May 17 2010 // When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable underwriters knew their stuff. They were great resources for...
May 3 2010 // Professional liability insurer Insight Insurance Services, Inc. has expanded its errors and omissions coverage for insurance agents and agencies and is now licensed to offer its product in 42 states and the District of...
May 3 2010 // It is probably fair to say that just about every town has a restaurant or tavern. Thus, pursuing these commercial risks is probably close to a no-brainer. Before you take that first step, however, be aware that these risks...
Apr 21 2010 // Austin, Texas-based Combined Agents of America LLC (CAA) members see a growing appetite among businesses and non-profits for directors and officers liability insurance (D&O), error and omissions insurance (E&O),...
Apr 19 2010 // It would probably be rather difficult to find many agents unaware of business interruption coverage. Most recognize that for their business customers, business interruption (BI) coverage is extremely valuable. It is, after...
Apr 5 2010 // While high-profile crimes like Bernie Madoff’s $65 billion Ponzi scheme generate headlines, employees at companies across the county are committing smaller, low profile crimes every day.Many employee theft schemes...
Mar 22 2010 // The last few years of the soft market have forced many carriers and agencies to get creative when it comes to bringing in additional premium. This has included launching new products for specialized risks. At first glance,...
Mar 18 2010 // Zurich North America has introduced Employed Lawyers Select, a new errors and omissions (E&O) policy that gives in-house counsel coverage against negligence claims.“Without negligence coverage, in-house attorneys...
Mar 17 2010 // Bermuda-based Allied World Assurance Company Holdings has announced a number of senior-level promotions effective March 1, 2010.In Bermuda, Tracey Gibbons was promoted from Vice President, Casualty Treaty Reinsurance to...
Mar 9 2010 // OneBeacon Professional Insurance (OBPI) has a new technology errors and omissions (E&O) product targeted to technology firms, including application service providers, software developers, technology consulting firms,...