All the headlines from our Errors Omissions Topic Page, ordered by recency.
Apr 17 2018 // The Independent Insurance Agents of Texas (IIAT) has added Cari Senefsky as E&O sales executive. Senefsky has more than a decade of insurance sales experience and success, with five of those years dedicated to...
Apr 2 2018 // Insurance agents and brokers have long been targets of error and omission lawsuits. It’s also true that most of them have sought advice of counsel as to how to win a lawsuit. They will often be told that the duty of...
Mar 21 2018 // Insurance agents and brokers have long been targets of error and omission lawsuits. It’s also true that most agents and brokers have sought advice of counsel as to how to win a lawsuit. They will often be told that...
Mar 7 2018 // Y-Risk, LLC, a specialty underwriting management company, has been approved as a Lloyd’s coverholder with authority for cyber and technology E&O insurance on behalf of certain Lloyd’s syndicates. Y-Risk is...
Feb 20 2018 // NAS Insurance Services has released a new miscellaneous E&O architects and engineers (A&E) insurance product that includes coverage for technology services and cyber liability coverage.NAS’ Architects and...
Feb 8 2018 // The Cyber and Technology insurance group of Validus Specialty Underwriting Services, Inc. have expanded its offering with a standalone cyber insurance product focused on privacy and network protection coverage. The product...
Feb 5 2018 // Most small agencies, and quite a few middle-to-large agencies, lack a current employee handbook or at least one of quality. Honestly, day-to-day, an employee handbook really is not that important, especially with just a...
Jan 8 2018 // Maybe “trend” is inaccurate because the data is scant, or maybe “trend” is a presage. The “trend” does not yet exist, but it will. The “trend” is companies taking drastic...
Nov 1 2017 // QBE North America, an operating division of QBE Insurance Group Ltd., announced a strategic program underwriting alliance with managing general agent Professional Risk Facilities (PRF), designed to offer coverage for...
Sep 20 2017 // Editor’s Note: This is a republication of a January, 2013 article by Sally Coombs, who was then with Fireman’s Fund Insurance Co, which is now integrated into Allianz Global Corporate & Specialty...
Sep 20 2017 // Insurance Journal’s Academy of Insurance announced an exclusive online discussion called “After the Storm: Preventing Agent E&O Claims in a Disaster” to be held on Thursday, Sept. 21, 2017 at 1:30...
Aug 22 2017 // Allianz Global Corporate & Specialty has named Gary Mann North America head of errors and omissions. He is based in San Francisco, Calif. He reports to Paul Schiavone, North America regional head of financial...
Aug 21 2017 // 1. Dare to Break the Mold. We tend to hit a sweet spot of what works for us in agency management and stay there, focusing on the “sexier” sales side of the business. It’s fine to keep what works, but...
Jun 5 2017 // “I’m being bought out!”“We’re merging with an agency five times our size that will take our revenue to a whole new level!” While expressions of excitement like the ones above might be...
Jun 5 2017 // It seems agencies today have more challenges than ever. Below are three tips to reduce errors and omissions (E&O) exposures.I would love to share with you a story regarding a multinational company that demanded they be...
Apr 20 2017 // Pioneer Underwriters (Pioneer) has appointed Milan Devetak as senior underwriter and Andrew Nowlan as underwriter in the Miscellaneous E&O, Technology & Cyber division of its U.S. underwriting platform, Pioneer...
Apr 13 2017 // Now that cyber attacks and data breaches have become common, insurers and risk managers are struggling to assign the resulting costs and losses among different types of insurance.On the one hand, there are traditional...
Mar 24 2017 // Argo Pro, a member of Argo Group International Holdings, Ltd., has launched a new Argo PROtect line of products and enhanced errors & omissions (E&O) forms for four different classes of professional services.The...
Mar 6 2017 // Flooding in southern Louisiana in the late summer of 2016 revealed 86 percent of flooded homes had no flood insurance. No flood insurance next door to one of our nation’s — and that state’s —...
Feb 6 2017 // International insurance brokerage and risk management services firm Arthur J. Gallagher & Co., based in Itasca, Ill., has promoted James W. Durkin Jr. and William F. Ziebell in its employee benefit division.Durkin,...