All the headlines from our Errors Omissions Topic Page, ordered by recency.
Jul 25 2016 // The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have experienced staggering growth in the past several years. Soon after the Apple App...
Jun 6 2016 // Insurance company insolvency has been a thorny issue spanning many decades. The only consistency is that there is no one solution and that an agent can be held liable for placing coverage with a company that becomes...
Apr 19 2016 // General Star Management Co. has launched a new E&O program for title agents. Available in all jurisdictions except for Alaska, Hawaii, Louisiana, and West Virginia, the program is offered through American Insurance...
Mar 2 2016 // Specialty insurer Hiscox announced senior executive hires to its Professional Risks division, which writes liability coverage for professionals in the technology, architects and engineering, accounting, financial services,...
Feb 8 2016 // Much has been discussed and considerable investments have been made specific to branding within the independent insurance agency market over the past five to 10 years. Intense pressure to “brand” exists because...
Feb 8 2016 // The ghost of the 2008 financial collapse still haunts the liability insurance market for real estate professionals and some are worried the business may be headed for a replay of that crisis.While it is still recovering...
Jan 25 2016 // Many insurance agents are so caught up in the day-to-day activities of their jobs, they do not realize that they are being presented with ethical concerns. They may be acting unethically without even realizing it.Even if...
Dec 29 2015 // The Independent Insurance Agents and Brokers of America (Big “I”) has named James Hanley as the new director of its agency errors and omissions insurance program. Hanley will lead the insurance and risk...
Dec 14 2015 // First, let’s be clear – this is only a SMALL sampling of simple questions agents and underwriters fail to ask! There are dozens of simple, common sense questions that are often skipped – why remains a...
Nov 16 2015 // Most agents’ errors and omissions (E&O) carriers report that commercial lines generates the majority of E&O claims. However, a significant number of E&O claims arise from the sale and service of...
Nov 6 2015 // CITA Insurance Services, a division of Brown & Brown Program Insurance Services Inc., has released a new Insurance Agents Errors & Omissions program. CITA’s new Agents E&O program features vanishing and...
Nov 3 2015 // Ask any agent who has suffered through an errors and omissions (E&O) suit and they will provide sage-like insight into the professional and even personal trials created by such an ordeal. Years ago I met an agent who,...
Nov 2 2015 // Fewer independent agencies are facing increased premiums for their agency errors and omissions (E&O) coverage and some experts say that is one reason they should consider upping coverage limits at their next...
Nov 2 2015 // Doctors and lawyers are taking up more space in the surplus lines professional liability (PL) markets, with growth and consolidation in the healthcare industry and real estate concerns among the legal field fostering...
Oct 19 2015 // Ask errors and omissions (E&O) carriers about their results when dealing with commercial lines shops and most, if not all, would comment that heavy commercial lines agencies definitely generate their share of E&O...
Oct 9 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has launched two policies providing cyber liability and breach response coverage with risk management resources, the Professional First Network Security & Privacy Policy...
Oct 6 2015 // Allied World North America has introduced an updated policy for insurance agents and brokers with expanded definitions and coverage.According to Al Fantuzzi, senior vice president of the North American E&O Division at...
Oct 5 2015 // Surplus lines insurer General Star announced it is combining its contract Property/Casualty and Errors & Omissions divisions into a new delegated business division under the leadership of Matt Brown. The new division...
Aug 17 2015 // The phrase “you can’t judge a book by its cover” dates back to the mid-1800s. While that may ring true for the literary world, the opposite is true when it comes to an organization’s errors and...
Aug 17 2015 // Fellow agents, Insurance Journal readers, experts, educators, marketing professionals, along with Theodore Roosevelt, Steve Jobs, Zig Ziglar, CNBC’s Kelly Evans, Harvard Business Review and Fortune magazine have been...