Latest Errors Omissions Headlines

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

Hiscox Opens Miami Office

May 21 2009 // Hiscox, an international specialist insurer, opened an office in Miami in an effort to further expand its U.S. operations. The Miami office, which is located in the heart of the Brickell area, will serve as an on the...

Every Agency Can Measure and Maximize Its Performance

May 18 2009 // Use your agency management system to the max. Measure your productivity. Communicate consistently and effectively with your staff, customers and carriers. And above all, don’t get cheap when it comes to the...

Workers’ Compensation Group Trusts: E&O Friend or Foe?

May 18 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...

USG Insurance Offers Miscellaneous Errors & Omissions Program

May 13 2009 // Florida-based national broker USG Insurance Services announced an in-house binding authority program for Miscellaneous Errors & Omissions products. Coverage will be offered on a claims made basis. Targeted classes...

Don’t Cheap Out on the Training

Apr 20 2009 // Use your agency management system to the max. Measure your productivity. Communicate consistently and effectively with your staff, customers and carriers. And above all, don’t cheap out on the training.Do those...

Finding Solutions for Emerging E&O Risks

Apr 20 2009 // Since all service providers face the potential of law suits related to real or perceived “errors and omissions,” E&O coverage has become a necessity for nearly every service profession — from...

New Property Managers Errors and Omissions Insurance Program Announced by New Empire Group

Apr 16 2009 // A new errors and omissions insurance program for property management firms, named SmartPro&#8482, is now available from New Empire Group, Ltd.Robert E. Mackoul, CLU, Chief Executive Officer of New Empire Group stated,...

Workers’ Compensation Group Trusts: E&O Friend or Foe?

Apr 6 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...

Workers’ Compensation Group Trusts: E&O Friend or Foe?

Apr 6 2009 // To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is:Workers’ compensation trusts have been in existence for many years and have been...

Workers’ Compensation Group Trusts: E&O Friend or Foe?

Apr 6 2009 // To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is:Workers compensation trusts have been in existence for many years and have been providing...

Professional Liability Insurance Enhances Real Estate E&O Program

Mar 19 2009 // Professional Liability Insurance Services Inc. Underwriting Facilities, (PLIS) has added some new features to its real estate errors and omissions product for small to medium agencies with insurable limits up to $1 million...

People

Mar 9 2009 // Jeff Grace has been named president of IMA of Wichita, officials for The IMA Financial Group Inc. announced.Grace joined IMA in 1997 in business development, focusing on the construction practice, and was promoted to sales...

People

Mar 9 2009 // Seacrest Partners Inc., a Savannah, Georgia-based insurance brokerage and employee benefits consulting firm, has named J. Cliff McCurry as vice chairman. McCurry will oversee business development activities for the...

People

Mar 9 2009 // Russell R. Oliver, president of Texas Mutual Insurance Co. since 1995, is retiring from the company at the end of August 2009.Oliver notified the Board of Directors in January of his decision to retire this summer. Two...

Securities Lawsuit Filings Are Up, So What About D&O Pricing?

Mar 9 2009 // The pace of securities lawsuit filings increased significantly in 2008 compared to recent years. There were 226 new securities lawsuits filed in 2008, which represents a 31 percent increase over the 172 securities lawsuits...

Herbert H. Landy Agency Offers New Real Estate E&O Program

Feb 13 2009 // The Herbert H. Landy Insurance Agency based in Needham, Mass., introduced the Real Estate Express Application, an errors and omissions insurance product for independent real estate agents and brokers, real estate firms and...

Zurich Taps Gow to Head Specialty E&O Unit

Feb 13 2009 // Brad Gow joined Zurich North America to head the Specialty Errors & Omissions (E&O) group of its Specialties business unit.In this role, Gow will head a nationwide team in delivering professional liability...

New York Fines Zurich $250K over Veterinarians E&O Rates

Feb 10 2009 // Zurich American Insurance Co. has paid a $250,000 fine to the state of New York for charging unfiled rates on its errors and omissions policy for veterinarians, according to state regulators. The New York Insurance...

Senior Market Sales, CalSurance Offer Discounted E&O for Insurance Agents

Feb 9 2009 // Senior Market Sales, Inc. has partnered with CalSurance (Brown and Brown of California, Inc.) to offer errors and omissions insurance at discounted rates for life and health insurance agents who do business with Senior...

How to Avoid Agency Errors and Omissions Claims

Feb 8 2009 // There have been an increasing number of lawsuits brought against agents in situations where the client/policyholder does not have sufficient liability coverage limits to pay for the liability exposure caused by an...