All the headlines from our Errors Omissions Topic Page, ordered by recency.
Oct 10 2008 // The Alliance of Insurance Agents & Brokers is offering a new errors and omissions program for its members. The program offers rates as low as $1,500 per year, broad coverage and various options through the American...
Sep 22 2008 // The use of technology is interwoven into agency procedures and practices, says Sabrena Sally, senior vice president of commercial insurance with Westport Insurance Corp., a subsidiary of Swiss Re and one of the largest...
Aug 20 2008 // David J. Molitano has been appointed to the new position of technology errors and omissions (E&O) manager for XL Insurance, XL Capital Ltd’s global insurance operations, in the company’s Select...
Aug 13 2008 // Swiss Re’s Commercial Insurance group has introduced Errors and Omissions (E&O) agency umbrella coverage in all 50 states and the District of Columbia.“The insurance policy offering was developed in...
Jun 2 2008 // The Supreme Court of Arizona ruled that an insurance agent’s clients may assert claims for professional negligence against the client and may assign such claims to third parties.According to D. Jere’ Webb v....
Apr 21 2008 // Certificates — not again. Haven’t we heard enough about this topic?Apparently not. Certificates are issued for all sorts of insureds, but contracting risk is the most dangerous of them all. Why does the contractor...
Apr 7 2008 // From the vantage point of early 2008, insurers writing directors and officers coverage can look back on the prior year and developments at what may prove to be a transitional period in terms of the frequency, type and...
Mar 24 2008 // When I sold my agency in 2001, I moved to Florida and started buying shopping centers. Hurricane Frances almost destroyed the center I acquired across from the beach one day after my first renewal. My agent had originally...
Mar 24 2008 // The public views insurance agents and brokers as professionals, experienced and knowledgeable in a complicated and specialized field. Negligence focuses on the principle that people who hold themselves out to the public as...
Mar 6 2008 // San Diego, CA, 03/06/2008 – ARROWHEAD General Insurance Agency, Inc. has announced its independent property and casualty insurance agents errors and omissions product will be underwritten with an “A”...
Feb 24 2008 // San Diego-based Barney & Barney LLC named Jim O’Connell principal. He also will serve as director of development for programs, specialty insurance solutions. In that role, he is responsible for both regional and...
Feb 24 2008 // The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors and officers liability (D&O) and errors and omissions liability (E&O) insurance policies,...
Feb 24 2008 // If anything is certain in the world of technology, it’s that it is always changing — rapidly. Electronic and Internet communication devices that were unheard of 10 years ago, maybe even five years ago, are so...
Feb 14 2008 // Farmington, Conn.-based Darwin Professional Underwriters, Inc. reports it has signed a marketing relationship with Agency Specialty Product Network Insurance Services, Inc. (ASPN).Under the arrangement, ASPN’s...
Feb 5 2008 // The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors and officers liability (D&O) and errors and omissions liability (E&O) insurance policies,...
Jan 27 2008 // As insurance companies face larger, more frequent catastrophe losses, they are increasingly playing hardball with their insureds. Hurricanes, wildfires, tornadoes, floods and earthquakes can put pressure on a...
Dec 17 2007 // Rockwood Programs Inc. has expanded its life, accident and health insurance agent’s E&O product offering to include two new endorsements. One enhancement expands coverage to include incidental property and...
Dec 17 2007 // Editor’s Note: The original version of this story incorrectly identified Mark Solomon, Jr. as being associated with All Auto Insurance Agency Inc. in Richardson and a TIP Board member. Mark Solomon, Jr. is head of...
Dec 13 2007 // Texas Insurance Professionals recently received the Outstanding Sales Achievement Award from the Utica National Insurance Group.Utica Special Programs Vice President/Director Curtis Pearsall praised Mark Solomon Jr., of...
Nov 18 2007 // Despite a rosier outlook in the agents’ errors and omissions (E&O) insurance market compared with years past, many insurance agents still faced rate increases in their E&O coverage in 2007 and anticipate...