Latest Errors Omissions Headlines
All the headlines from our Errors Omissions Topic Page, ordered by recency.
Markets/Coverages: Corvus Expands Tech E&O; K2 OCONUS Workers Comp for Government Contractors; Xceedance’s MGA Agility Suite
Feb 8 2024 // Corvus Insurance introduced a newly expanded Tech E&O product with an enhanced appetite backed by Travelers. Smart Tech E+O from Corvus provides creative risk solutions for technology businesses across the spectrum of...
Markets/Coverages: Upland Starts Pro Liability E&O, Excess Cyber
Feb 7 2024 // Upland Capital Group said it has introduced two new liability products to its portfolio: Professional Liability Errors and Omissions as well as Excess Cyber Liability. The professional liability team is led by Kate Walas,...
Changing Risks Shape the Future of Agency E&O: Webinar
Jan 22 2024 // While today’s insurance agency errors and omissions (E&O) market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. That’s according to experts...
Agency E&O Webinar: Panelists Discuss Changing Exposures, AI & More
Dec 13 2023 // While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. Insurance Journal gathered three experts to...
Markets/Coverages: Howden Launches European Cyber & Tech E&O Facility
Dec 8 2023 // Howden, the global insurance group, today announces the launch of one of the first dedicated European cyber and technology errors & omissions line slips for primary business. The product is led by Canopius and IQUW...
Travelers Wins CGL v. E&O Battle in Insurance Agency Defamation Case
Dec 8 2023 // Travelers Casualty Insurance Co. did not owe a duty to defend or indemnify its insured, CBIZ Borden-Perlman Insurance Agency, Inc., in a tort action in which Republic, as another insurer of B-P, bore the litigation and...
Agency E&O Buyers Report Fewer Price Hikes But Overall Premiums Still Up
Nov 6 2023 // Fewer agencies reported increases in premium on their agency errors and omissions renewal policies from 2022 to 2023, according to Insurance Journal’s annual Agency E&O survey which polls buyers of the coverage...
E&O Claim Frequency Is Increasing
Jul 17 2023 // Through my recent discussions with clients and carriers, it is clear to me that agencies are incurring substantially more errors and omissions (E&O) claims. A significant difference exists between the number of claims...
People Moves: Lockton Adds IP Experts Sandler and Taylor; Byrne Hired at Cowbell as VP Tech E&O Underwriting
May 25 2023 // Lockton Adds Intellectual Property Experts to Transaction Liability Practice Lockton has hired Jason Sandler and Craig Taylor to its intangible asset and contingent liability practice, a division within its broader...
Markets/Coverages: CFC Adds Professional Liability, Tech E&O to Admitted Offerings
Mar 27 2023 // Specialist insurance provider CFC recently announced the expansion of its admitted product suite with the addition of professional liability and technology E&O. The company has been trading its admitted solution for...
Beware the Hidden E&O Risks of Remote Work
Nov 21 2022 // Independent insurance agencies with a blended remote and in-person work environment are discovering errors and omissions (E&O) issues that were rarely seen when everyone was in the office. Whether it’s employees...
4 Important Aspects of Agency E&O Coverage
Nov 7 2022 // Errors and omissions (E&O) coverage is one of those topics that people have a love/hate relationship with. For the most part, professionals who need E&O cover like to know what coverage they have, when it covers...
Agency E&O Premiums Rise Again; 3 Years in a Row, More Agencies Report Paying More for E&O Coverage
Nov 7 2022 // Agency errors and omissions premiums have risen on average for three years in a row, according to Insurance Journal’s annual Agency E&O survey. Some 70.5% of respondents saw an increase in their agency E&O...
Markets/Coverages: Mosaic Adds Excess Tech E&O; CoverTree, Socotra Partner for Mobile Homes; Cover Whale New API
Oct 4 2022 // Mosaic adds excess technology E&O coverage to cyber product offering Mosaic Insurance’s cyber division has launched excess capacity and coverage for a new product aimed at protecting technology sector companies...
Breach Exclusions in E&O Policy Upheld in $1.3M Money Transfer Claim
Jul 4 2022 // A company that transferred $1.3 million from a client’s payment fund in response to emailed requests from a hacker has lost its bid for insurance to cover the loss. Pennsylvania-based Construction Financial...
Breach Exclusions in E&O Policy Upheld in $1.3M Money Transfer Claim
Jun 17 2022 // A company that transferred $1.3 million from a client’s payment fund in response to emailed requests from a hacker has lost its bid for insurance to cover the loss. Pennsylvania-based Construction Financial...
11th Circuit: Safeco Doesn’t Owe in Subro Claim by Agency’s E&O Carrier
May 18 2022 // A federal appellate court threw out a Florida jury verdict that would have required a Liberty Mutual unit to pay $1.6 million in damages for failing to defend an independent insurance agency against a lawsuit that accused...
RPS Signature Programs Launches New Real Estate Appraisers E&O Program with GenStar
Mar 28 2022 // Rolling Meadows, IL., March 28, 2022 – RPS Signature Programs, the program administration division of specialty insurance distributor Risk Placement Services, launches a new Real Estate Appraisers Errors & Omissions...
Norman-Spencer to Grow E&O Program Through RPG with The Hanover
Jan 27 2022 // Cincinnati, Ohio-based Norman-Spencer is growing its current real estate errors & omissions (E&O) program by creating an exclusive Risk Purchasing Group (RPG) with The Hanover Insurance Group. Exclusive coverages...
Fox Point Expands E&O Liability Program for Small Business Risks
Dec 16 2021 // Fox Point Programs is expanding its professional liability insurance offerings for small businesses in more than 2,000 professional categories through the introduction of its FoxPro Defender series errors and omissions...
