Latest Errors Omissions Headlines
All the headlines from our Errors Omissions Topic Page, ordered by recency.
Chubb Launches E&O, GL Insurance Policy for Life Sciences Firms
Mar 1 2011 // The Chubb Group of Insurance Companies is offering newerrors and omissions (E&O) and general liability insurance policies to address risks faced by life sciences companies. Chubb’s general liability policy,...
Business Risk Partners Launches Combo GL, E&O Coverage for Home Inspectors
Feb 16 2011 // Business Risk Partners is now offering general liability coverage to home inspector firms that purchase errors & omissions insurance. Bundling the two products addresses the increasingly grey areas between GL and...
E&O for Agents – A Necessity Even if Mistakes Don’t Happen
Feb 7 2011 // Errors and omissions insurance is available, and necessary, not just because mistakes happen. A customer’s perception can be that the reason a loss was not covered, valid or not, was the result of an agent’s...
Issues to Consider When Placing Professional Liability
Feb 7 2011 // When placing coverage for your clients, with a fair degree of frequency your agency will need to look at placing professional liability — a/k/a errors and omissions — coverage for those risks. Typically, when thinking...
IronPro Introduces Tech E&O Coverage
Jan 19 2011 // IronPro, the professional liability unit of Ironshore Inc., has introduced a specialized technology professional liability policy designed for the complex exposures of the information technology and computer industries....
E&O Insights: Hotspots to Consider When Insuring Construction Risks
Jan 10 2011 // Workers’ Compensation, Certificates of Insurance, Unique Policy Language Areas of Concern Although the economy has taken its toll on the construction industry, the majority of insurance agencies probably insure a...
XL Insurance, Jorgensen & Co. Partner to Provide Accountants E&O Insurance
Jan 6 2011 // XL Insurance, the global insurance operations of XL Group, and Jorgensen & Co., a specialist professional liability managing general underwriter, today announced a joint underwriting agreement to provide...
California Wholesaler Appointing Wholesalers, Surplus Lines Brokers, MGA’s to Write E&O Insurance
Jan 5 2011 // Effective January 5 2011 – Laurel Fowler Insurance Broker, Inc – California based wholesaler is appointing Wholesalers, Surplus lines Brokers and MGA’s in Texas, California, Florida and most States, to...
AmerInst Professional Launches E&O Coverage for Small Law Firms
Jan 5 2011 // When it comes to the legal profession, there are two known facts: claims against lawyers tend to increase in an economic downturn; and small firms (with fewer than five attorneys) are extremely vulnerable to legal...
Trustees Face Big Liability
Dec 20 2010 // Why Clients Need Errors and Omissions Coverage An attorney, family member or friend asked to serve as trustee faces a big responsibility as well as significant liability. Trustees are often called upon at a challenging...
How an E&O Claim Could Affect Agency Employee’s Career
Dec 20 2010 // Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to...
Lawyer Malpractice Claims on the Rise
Dec 8 2010 // The economy has taken its toll on all businesses today and law firms are no exception. They have experienced downsizing, pressure to change specialties in order to compete for new business, and other cost cutting measures,...
Travelers Expands IndustryEdge Offering for Equipment Dealers
Dec 6 2010 // Travelers has introduced IndustryEdge for Equipment Dealers that provides custom-designed coverage to help protect against the unique risks and exposures in the equipment distribution industry. Available through...
Lawyer Malpractice Claims on the Rise
Dec 5 2010 // Economy, Fees Countersuits and ‘Door Law’ Changing E&O Climate The economy has taken its toll on all businesses today and law firms are no exception. They have experienced downsizing, pressure to change...
E&O Insights: Pounds of Prevention in 2011
Dec 5 2010 // A Few E&O Exercises to Keep an Agency Professionally Fit Traditionally, as another year begins, we establish personal and professional goals. On the personal side, shedding a few pounds is often an objective. After...
E&O Insights: Nothing Standard About Professional Liability
Dec 1 2010 // Typically, when looking to move an account from one carrier to another, you can count on some degree of similarity in policy forms. For the most part, a general liability policy with one standard company will look similar...
The Time is Not Right to Drop Real Estate Professionals E&O
Nov 29 2010 // The ongoing downturn in the real estate market is forcing many professionals to make tough choices on where to trim expenses. While during a hot real estate market realtors would not consider dropping their errors and...
How an E&O Claim Could Affect Agency Employee’s Career
Nov 18 2010 // Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. But agency owners are not the only ones...
Rockwood Reduces Premiums for Its Life Agent E&O Product
Nov 17 2010 // Rockwood Reduces Premiums for Its Life Agent E&O Product Rockwood Programs, Inc. has implemented premium reductions of about 20 percent for its life agent’s errors and omissions (E&O). More significant...
Reporting Firms Face Risks as U.S. Cracks Down on Medicare, Medicaid Costs
Nov 14 2010 // New Insurance Products Cover Risks Created by New Laws and Regulations The federal government’s crackdown on fraud and errors in Medicare and Medicaid is raising liability issues for firms that specialize in managing...
