Latest Errors Omissions Headlines
All the headlines from our Errors Omissions Topic Page, ordered by recency.
4 Things Agents Should Do to Avoid E&O Claims
Jun 6 2011 // After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets “caught in the middle” of a dispute between the policy holder and the insured. Often,...
Best Practices Quality Management – Part I
Jun 1 2011 // I have spent several months discussing how to define, train and implement, standards, procedures and workflows. Early in this series of posts one commenter on this blog asked me what was the value in going through this...
General Star Launches Insurance Agents, Brokers E&O Program Through All Risks
May 20 2011 // General Star Management Co. has launched an insurance agents and brokers E&O program, which will be offered through the National Specialty Programs unit of All Risks, Ltd., located Hunt Valley, MD. All Risks will be...
Insurance Agents, Adjusters Vulnerable to Lawsuits Even When They’re not to Blame
May 16 2011 // Agents and adjusters have completely different roles in the insurance industry. But as intermediaries between insurance companies and their customers they have one critical thing in common: They often get called into...
Insurance Agents, Adjusters Vulnerable to Lawsuits Even When They’re not to Blame
May 16 2011 // Agents and adjusters have completely different roles in the insurance industry. But as intermediaries between insurance companies and their customers they have one critical thing in common: They often get called into...
How to Prevent E&O Lawsuits for Black Swan Risks
May 16 2011 // The timeless maxim- “think globally, act locally” – coined in 1915 by social activist Patrick Geddes, underscores the vital importance for insurance agents to really think through the scope of their...
E&O Insights: Are Customers Properly Protected for Business Interruption
May 9 2011 // While you may answer the question posed in the headline by saying that most of your commercial customers have business interruption coverage, the issue here is not whether they have the coverage, but whether they are...
The Nap Defense
May 2 2011 // Have you ever had your attention wander during a client presentation, forgotten to recommend a coverage, left an account folder at a restaurant, or fallen asleep at the wheel on the way to a meeting? Those might be the...
E&O Insights: Exposures to Watch for When Insuring the Local Neighborhood Tavern Risk
May 2 2011 // While many towns might not have a hardware store or a dry cleaner, chances are there is a neighborhood tavern. It is estimated there are more than 50,000 bars in the United States. In fact, many of these taverns have been...
E&O for Agents – A Necessity Even if Mistakes Don’t Happen
May 2 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...
Markel Programs, Burns & Wilcox Partner to Offer Real Estate E&O Program
Apr 28 2011 // Markel has partnered with Burns & Wilcox to offer a Real Estate Errors & Omissions program to a range of residential and commercial real estate industry accounts. This Markel Programs/Burns & Wilcox product...
E&O Insights: Are Your Customers Properly Protected for Business Interruption?
Apr 18 2011 // While you may answer the question posed in the headline by saying that most of your commercial customers have business interruption coverage, the issue here is not whether they have the coverage, but whether they are...
Synergy Professional Associates Launches Small Firm Lawyers E&O Program
Apr 14 2011 // Synergy Professional Associates has a new lawyers professional liability program, which focuses on small firms with a specialty in intellectual property. The new facility targets firms from one to 10 attorneys who have a...
Agents, Adjusters Vulnerable to Lawsuits Even When They’re Not to Blame
Mar 30 2011 // Agents and adjusters have completely different roles in the insurance industry but as intermediaries between insurance companies and their customers they have one critical thing in common: They often get pulled into claims...
National Legal Association Selects The Hanover as Lawyers E&O Provider
Mar 29 2011 // The Hanover Insurance Group, Inc. has been selected by the National Legal Aid and Defender Association (NLADA) as the exclusive provider of lawyers professional liability coverage for its members. Wells Fargo Insurance...
The Funnel of Agency E&O Claims
Mar 21 2011 // This industry is filled with confusing and often contradictory recommendations regarding how to avoid E&O claims. This is frustrating for me, so I know it is frustrating for agents. I believe the source of the...
Hot Programs and Products
Mar 21 2011 // Here’s what some insurers and brokers have been up to recently, inventing and tweaking key programs and coverages. Liability: Professional, E&O, D&O, EPLI CNA launched Epack Extra, an enhanced version of...
Agency E&O Liability for Failing to Procure Coverage
Mar 21 2011 // Insurance agents can be sued by their clients for breach of contract or negligence when they fail to procure appropriate insurance coverage. Generally, an insurance agent or broker who undertakes to procure insurance for a...
E&O Insights: Common Auto, Homeowners Errors
Mar 7 2011 // An Estimated 30% of All Agency E&O Claims Arise from Handling Auto and Homeowners Business When dissecting Errors & Omissions claims frequency, it is apparent there is real E&O exposure for agencies writing...
How Agents Can Serve Their Local Technology Sector
Mar 7 2011 // Late last year, Paul Allen, co-founder of Microsoft, filed a lawsuit over alleged patent infringement against some of the biggest names in technology, including Facebook, Google and Apple. For some, the lawsuit may appear...
