Latest Errors Omissions Headlines

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

It’s Time to Review Essential Procedures for Managing E&O

Nov 15 2009 // I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in insurance law. I have had many conversations with insurance agency managers, insurance agents and customer service...

5 Most Common Agency E&O Problems

Nov 15 2009 // From most frequent to least frequent: Recommendations that are made to clients Policy change errors Policy application errors Policy renewal errors Risk assessment errors

Essentials: A Reminder on Managing Agency E&O Risk

Nov 11 2009 // I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in the field of insurance law. I have had many conversations with insurance agency managers, insurance agents and...

American Empire Surplus Unveils E&O Cover for Medicare Compliance

Nov 6 2009 // Cincinnati, Ohio-based American Empire Surplus Lines Insurance Company, a member of the Great American Insurance Group, has launched an errors and omissions liability insurance product for Medicare Statutory...

It’s Time to Review Essential Procedures for Managing E&O

Nov 1 2009 // I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in insurance law. I have had many conversations with insurance agency managers, insurance agents and customer service...

Agents’ E&O Marked By Stability, Satisfaction

Nov 1 2009 // Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their errors and omissions (E&O) insurance meant there was one less...

Plug the Agents’ E&O Gap: Protection from Carrier Insolvency

Nov 1 2009 // Any producer, agent or broker can be exposed to the insolvency of one of their markets. Carriers providing insurance agents’ errors and omissions insurance (E&O) have developed a variety of responses to the...

Last Call for Participation: Insurance Agents’ E&O Survey

Oct 20 2009 // It’s time again for Insurance Journal to find out what’s been going on with Insurance Agents’ Errors & Omissions Insurance. IJ’s annual survey solicits the experiences and opinions of...

Agents’ E&O: What Do YOU Know? Participate In Insurance Journal Survey Now

Oct 15 2009 // It’s time again for Insurance Journal to find out what’s been going on with Insurance Agents’ Errors & Omissions Insurance. IJ’s annual survey solicits the experiences and opinions of...

Rockwood Programs Lowers P/C Agency E&O Minimum Premiums

Oct 14 2009 // Rockwood Programs, Inc. says it has reduced the minimum premiums for its Property/Casualty Agents Errors & Omissions (E&O) product. Premiums now start at $1,250 for agents generating less than $100,000 in...

Great American Unit Adds Small Accounts E&O Coverage

Sep 29 2009 // Cincinnati, Ohio-based Great American Insurance Company’s Executive Liability Division (ELD) has added professional liability coverage for small accounts.The company introduced as part of its ExecPro suite of...

Illinois Firm Offers New E&O Insurance Program for Roofing Industry

Sep 11 2009 // Lombard, Ill.-based insurance services firm, Norman-Spencer International Inc., and the National Roofing Contractors Association (NRCA) are partnering to provide professional errors and omissions (E&O) insurance...

Watercraft Rentals: It’s Good to Know What’s Covered and What’s Not

Aug 17 2009 // It’s summer, do you know where your homeowners insurance customers are? Perhaps they’re out on a lake somewhere, playing on rented jet skis or blowing with a gentle wind in a borrowed sailboat. Do they know...

Rockwood Offers Enhanced E&O Program

Aug 11 2009 // Delaware-based Rockwood Programs has announced enhancements to its “Rockwood Defender” MGA/Program Administrator E&O Program.Rockwood is now offering limits of up to $15 million, and enhancements such as a...

Progressive Introduces Any Auto Commercial Liability Endorsement

Jul 23 2009 // Progressive introduced a new commercial auto endorsements that might limit an agent’s errors and omissions exposure, the insurer says.Imagine this scenario — a customer has commercial auto insurance for his...

People

Jul 20 2009 // Colemont Insurance Brokers has named John Cleary as vice president and casualty broker. Cleary will be physically located in New Jersey, but he will be working as part of the Hartford, Connecticut office. He brings over 25...

Rockwood Offers Installments on Life Agents E&O

Jul 9 2009 // Rockwood Programs Inc. now offers a quarterly installment option on its life agents errors and omissions (E&O) product. Once established, premium payments will be automatically charged to the policyholder’s...

Beware of Symbol 7 Only Auto

Jul 6 2009 // Risk managers, insurance agents and brokers have always known that a Symbol 7 on auto liability policies is not very desirable. This symbol essentially means that only the autos scheduled on the policy are covered. If the...

Agents Advised to Know How Work Comp Trusts Differ From Typical Insurance Companies

Jun 25 2009 // To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is:[A] group of employers who perform related activities in an industry who agree to be...

Kumpf Joins Catlin in Philadelphia

Jun 16 2009 // International specialty insurer Catlin Group Ltd. has named Dan Kumpf as director of Professional Lines.Kumpf, who will be based in Philadelphia, will oversee the design, environmental and construction professional...