errors and omissions News

Texas Engineering Board to Review Flawed High School Stadium

The Texas Board of Professional Engineers is investigating whether laws or rules regarding professional practices were broken over flaws that closed a $60 million high school football stadium. The state’s engineering board is reviewing work at the Allen Independent School …

SeaFire Seeks Agency Partners for Dealership Programs in Oregon and Idaho

Overland Park, Kan.-based SeaFire Insurance Services is seeking new agency partners in Oregon and Idaho for its auto dealer and repair insurance program. SeaFire will consider appointments for retail insurance agencies with scale, brand, resources and auto dealer expertise. Agents can …

Burand’s Agency E&O Blog: Tip #43

Offering Cyber Liability. Almost without exception all businesses need cyber liability coverage today and yet relatively few have this vital coverage. The exposures can be significant both from an E&O perspective and a regulatory perspective. Therefore, consider offering all business …

Burand’s Agency E&O Blog: Tip #42

Policies Subject to Audit. Audits are one of the few E&O exposures agencies have that do not involve a claim. A good method for protecting the agency from audit related E&O claims is to disclose what policies are subject to …

E&O Insights: Restaurant and Tavern Risks

Chances are just about every town in the United States has a restaurant, tavern or pizza parlor. Pursuing this type of risk, then, is common. Yet before taking that first step, do your homework to help you understand that these …

E&O Insights: Directors & Officers Liability Is Not Your Normal Insurance Product

If you asked 100 insurance professionals on the agency side what one line of business “scares” them the most, it’s likely that directors and officers (D&O) liability would be at the top. The lack of standardization of policy forms contributes …

Homeowners not the Only Line of Coverage Affected by Texas Weather

It’s well known that Texas has some of the highest homeowners premiums in the nation — in large part due to the state’s vulnerability to violent weather. It may be less known that Texas has some of the highest insurance …

MarketScout Wholesale Launches E&O Program for Independent Agents

MarketScout Wholesale (MSW) has formed an exclusive independent agents errors & omissions program.  In addition to professional liability, this program provides data breach/privacy protection as well as proactive risk and claims management resources. The Independent Agents E&O Plus program is available …

Attorneys Discuss Liability Insurance Coverage for Sandy Litigation

Homeowners, businesses, and municipalities in the tri-state area continue to rebuild and rebound from Superstorm Sandy. Often, large-scale devastation and destruction are followed by lawsuits against individuals and entities allegedly responsible for protecting, managing, and maintaining the damaged buildings. A …

NAS Launches New E&O, Abuse & Molestation Program for Tutors

NAS Insurance Services has launched a broader professional liability insurance program for tutors that provides coverage for their E&O and abuse or molestation exposure on one policy. The program offers a simple application, binding and quoting process that includes errors …