Latest Errors Omissions Headlines
All the headlines from our Errors Omissions Topic Page, ordered by recency.
Business Risk Partners Hires Simmons as E&O Manager in Connecticut
Feb 20 2015 // Bruce Simmons Business Risk Partners, a program administrator in specialty insurance, has hired Bruce Simmons as errors and omissions (E&O) manager for miscellaneous professional liability (MPL) and cyber liability...
Integro Acquires E&O Specialist Firm in California
Feb 19 2015 // Integro Ltd. has acquired E&O Professional Risk Management and Insurance Services Inc. of Mission Viejo, Calif. Terms of the deal were not disclosed. E&O Pros founder and CEO Sheri Pontolillo will lead the E&O...
E&O Experts: Agents Not Immune to Cyber Segment Exposures
Feb 9 2015 // In today’s digital world of constant communication through methods like email, texting and social media, consumers expect 24/7 access to everyone, including their insurance agent. And while this access can increase...
CapSpecialty Introduces E&O Insurance for Technology Providers
Feb 4 2015 // CapSpecialty has launched CapSpecialty TechMediaCyber (CapTMC), a new professional liability errors & omissions product issued by Capitol Specialty Insurance Corp. that includes cyber protection and offers data privacy...
E&O Insights: Key E&S Issues Agencies Need to Know
Jan 26 2015 // Regardless of whether the market is hard or soft, for agencies to be successful will typically require that they have an active, ongoing relationship with at least a couple of excess and surplus lines (E&S)...
Professional Underwriting Group Launches Admitted Insurance Agents E&O Program
Jan 9 2015 // Professional Underwriting Group, Inc. is now offering an admitted program for insurance agent’s errors and omission insurance to qualifying insurance agents in Alabama, Arizona, California, Colorado, Florida,...
How and When to Shop for Agency E&O Coverage
Dec 9 2014 // While many insurance agencies stick with their agency E&O carrier for years, those that do shop around tend to do so when premiums are rising and, according to a recent Insurance Journal survey, more agencies are...
Agency E&O Culture
Dec 1 2014 // Now more than ever agents are stepping up to the plate to protect their business. The experts agree that today agencies are more aware and proactive about reducing errors and omissions (E&O) risk. “Agents have...
E&O Insights: Where Is Your Agency in the ‘E&O Marathon?’
Dec 1 2014 // There are similarities between deciding to run a marathon and managing your agency’s errors and omissions (E&O) exposure. Very few people, if any, can wake up one day, decide to run a marathon and then, without...
PIA of Florida, National Insurance Underwriters Launch E&O Partnership
Nov 18 2014 // The Professional Insurance Agents of Florida Inc. (PIA of Florida) has tapped National Insurance Underwriters (NIU) as the official underwriter of its insurance agents’ professional liability errors and omissions...
USG Launches Professional Division in California, Taps Fisher
Nov 17 2014 // USG Insurance Services Inc., a national wholesaler and managing general agent, has launched of a professional division in El Segundo, Calif. The firm has also hired Frederick Fisher as director of professional liability....
Allied World North America Launches E&O Coverage for Professional Services
Nov 5 2014 // Allied World North America has launched Privacy//403 SRVS PRO, the latest product in the company’s suite of errors and omissions (E&O) products Privacy//403 SRVS PRO builds on the Specified Response Vendor...
Claims Trends
Nov 3 2014 // In terms of agency E&O trends, carriers are closely eyeing an uptick in claims severity. According to Curtis Pearsall, president of Pearsall Associates Inc., a risk management consulting firm specializing agency...
4 Trends to Watch in Professional Liability for Accountants
Nov 3 2014 // There’s no shortage of accountants in the United States today, and the growth of this industry is not expected to slow anytime soon. In 2013, there were 1.17 million accountants and auditors and 1.59 million...
E&O Insights: How Important Is Your E&O Policy?
Nov 3 2014 // Errors and omissions (E&O) coverage: It’s one of the most important coverages you can secure. After all, your agency’s protection depends heavily on your E&O policy and how it works. Despite this, it...
How to Navigate Today’s Agency E&O Market
Nov 3 2014 // While many agencies stick with their agency errors and omissions (E&O) carrier, those that do shop around tend to do so when premiums are rising. According to Insurance Journal‘s exclusive 2014 Agency E&O...
Burand’s Agency E&O Blog: Tip #64
Oct 24 2014 // Confirmation That Suit Papers Have Been Received by the Carrier.While not an every day occurrence, most agencies receive suit papers from various parties several times a year and these papers must be forwarded to the...
Burand’s Agency E&O Blog: Tip #63
Oct 21 2014 // Inflation Factors are Missing.Some property policies, particularly dwelling policies in personal lines, lack automatic inflation adjustment factors. These same policies often get less attention than other personal lines...
Exposure Analysis Checklists in Commercial Lines
Oct 20 2014 // For the last 25-plus years, the No. 1 cause of errors and omissions (E&O) claims has been “failure to provide the proper coverage.” In 2013, many E&O carriers reported that this accounted for more...
Burand’s Agency E&O Blog: Tip #62
Oct 17 2014 // Producers and Staff Do Not Adequately Know the Agency’s Procedures.More often than many might expect, staff and particularly producers do not adequately know the agency’s procedures. This can be especially...
