Latest Errors Omissions Headlines
All the headlines from our Errors Omissions Topic Page, ordered by recency.
Rockwood Adds General Liability to Life Agents’ Errors & Omissions
Jun 30 2010 // Rockwood Programs, Inc. has revised its life/accident and health insurance agents’ errors and omissions (E&O) offering by embedding $100,000 limit general liability coverage in the product. These coverage...
Zurich Increases Capacity, Expands Appetite for Specialty E&O Business
Jun 29 2010 // Zurich North America Commercial has raised the available capacity for its specialty errors & omissions business from $10 million to $25 million and removed revenue restrictions for primary business. In addition, Zurich...
E&O Insights: ‘Let Me Think About It’
Jun 21 2010 // Why Agents Should Stress Importance of Umbrella Coverage When uttered together by a client, the five words in the headline of this article are – potentially – very dangerous words. Note the following claim and...
NAS Lowers Rates, Minimum Premiums for Insurance Agents E&O
Jun 18 2010 // NAS Insurance Services, Inc. has released new rates for insurance agents and brokers E&O. Agents managing 100 percent personal lines have new reduced rates and a new minimum premium starting at $2,000. Agents handling...
The Competitive Advantage: Opportunity Knocks
Jun 11 2010 // When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable underwriters knew their stuff. They were great resources for...
Tennessee Agents Warned on Flood Insurance E&O Exposure
Jun 7 2010 // Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about...
General Star Introduces Miscellaneous Professional E&O Program
May 21 2010 // General Star Management Company has launched a new miscellaneous professional liability (MPL) program available in all states. The program is offered through V3 Insurance Partners LLC, General Star’s exclusive...
Tennessee Insurance Agents Warned on Flood Insurance E&O Exposure
May 20 2010 // Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about...
E&O Insights: MGAs Carry a Heavy Errors and Omissions Load
May 17 2010 // Having met the management of many managing general agencies (MGA), and managing general underwriters (MGU), I have been somewhat surprised by their perspective on their errors and omissions (E&O) claim potential. Some...
The Competitive Advantage: Opportunity Knocks
May 17 2010 // Coverage, Underwriting Knowledge Have Become More Powerful Tools in Today’s Market When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older...
Argo Group’s Insight Services Expands Insurance Agent E&O Coverage
May 3 2010 // Professional liability insurer Insight Insurance Services, Inc. has expanded its errors and omissions coverage for insurance agents and agencies and is now licensed to offer its product in 42 states and the District of...
E&O Insights: Food for Thought When Insuring Bars and Restaurants
May 3 2010 // It is probably fair to say that just about every town has a restaurant or tavern. Thus, pursuing these commercial risks is probably close to a no-brainer. Before you take that first step, however, be aware that these risks...
CAA Members See Uptick in D&O, E&O and EPLI Policies
Apr 21 2010 // Austin, Texas-based Combined Agents of America LLC (CAA) members see a growing appetite among businesses and non-profits for directors and officers liability insurance (D&O), error and omissions insurance (E&O),...
E&O Insights: Dangers of Renewing Business Interruption Coverage ‘As Is’
Apr 19 2010 // Understand Where Property Coverage Ends and BI Coverage Begins It would probably be rather difficult to find many agents unaware of business interruption coverage. Most recognize that for their business customers, business...
D&O Coverage as a Partner in Crime (and Fidelity)
Apr 5 2010 // While high-profile crimes like Bernie Madoff’s $65 billion Ponzi scheme generate headlines, employees at companies across the county are committing smaller, low profile crimes every day. Many employee theft schemes...
8 New Markets in Response to Current Trends
Mar 22 2010 // Insurance Companies Generate New Programs to Bring in Additional Premium The last few years of the soft market have forced many carriers and agencies to get creative when it comes to bringing in additional premium. This...
Zurich North America Introduces E&O Policy for In-House Lawyers
Mar 18 2010 // Zurich North America has introduced Employed Lawyers Select, a new errors and omissions (E&O) policy that gives in-house counsel coverage against negligence claims. “Without negligence coverage, in-house...
Allied World Announces Executive Promotions
Mar 17 2010 // Bermuda-based Allied World Assurance Company Holdings has announced a number of senior-level promotions effective March 1, 2010. In Bermuda, Tracey Gibbons was promoted from Vice President, Casualty Treaty Reinsurance to...
OneBeacon Targets Technology Firms with New E&O Coverage
Mar 9 2010 // OneBeacon Professional Insurance (OBPI) has a new technology errors and omissions (E&O) product targeted to technology firms, including application service providers, software developers, technology consulting firms,...
E&O Insights: Personal Lines Accounts
Mar 7 2010 // Uncover Inland Marine Exposures for Protection and Sales Opportunities Although heavy personal lines accounts are generally more favorable from an errors and omissions (E&O) standpoint, there is no doubt the potential...
