Latest Errors Omissions Headlines
All the headlines from our Errors Omissions Topic Page, ordered by recency.
Risks in a Bad Economy
Feb 21 2010 // Agents Take Note of New Errors and Omissions Exposures The current economic turmoil is wreaking havoc across the board. Businesses are downsizing or going out of business. Families are suffering from lost jobs and...
Schinnerer Reduces Real Estate E&O Rates, Expands Coverage in California
Feb 19 2010 // Victor O. Schinnerer & Co., Inc. will decrease rates and expand coverage in the state of California for its real estate errors and omissions program. Beginning April 1, 2010, the following rating changes take effect:...
Lee & Mason Increases Limits on Insurance Agents’ Professional Liability
Feb 19 2010 // Lee & Mason Financial Services, Inc. has increased its limits for insurance agents’ errors and omissions coverage from $5 million to $10 million. Insurance agents E&O coverage, with limits of up to $10...
Zurich Enhances E&O Coverage to Address Increasing Technology Risks
Feb 12 2010 // Zurich has introduced Zurich Pro Plus, an enhanced Errors & Omissions (E&O) coverage to address the needs of a range of business professionals, including consultants, and media and information technology...
Dos and Don’ts of Errors and Omissions Lawsuits
Feb 7 2010 // How to Respond and React When Threatened With an E&O Suit Ask any agent who has suffered through an errors and omissions (E&O) suit, and he or she will provide sage-like insight into the professional and even...
BRP Launches Tech General Liability, Errors & Omissions Coverage
Dec 11 2009 // Business Risk Partners (BRP), based in Windsor, Conn., now offers general liability (GL) coverage to technology firms that purchase errors and omissions (E&O) policies. Coverage is underwritten by Lloyds of...
Marsh Launches Lottery and Gambling E&O Coverage
Nov 25 2009 // Marsh’s London office announced that it has launched a new errors and omissions (E&O) insurance product for the suppliers of lottery and gaming (gambling) organizations. The new product, created by Marsh’s...
It’s Time to Review Essential Procedures for Managing E&O
Nov 15 2009 // Systems, Checklists, Guidelines, Manuals Among Tools Useful in Reducing Agency Errors I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in insurance law. I have had many...
5 Most Common Agency E&O Problems
Nov 15 2009 // From most frequent to least frequent: Recommendations that are made to clients Policy change errors Policy application errors Policy renewal errors Risk assessment errors
Essentials: A Reminder on Managing Agency E&O Risk
Nov 11 2009 // I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in the field of insurance law. I have had many conversations with insurance agency managers, insurance agents and...
American Empire Surplus Unveils E&O Cover for Medicare Compliance
Nov 6 2009 // Cincinnati, Ohio-based American Empire Surplus Lines Insurance Company, a member of the Great American Insurance Group, has launched an errors and omissions liability insurance product for Medicare Statutory...
It’s Time to Review Essential Procedures for Managing E&O
Nov 1 2009 // Systems, Checklists, Guidelines, Manuals Among Tools Useful in Reducing Agency Errors I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in insurance law. I have had many...
Agents’ E&O Marked By Stability, Satisfaction
Nov 1 2009 // As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their...
Plug the Agents’ E&O Gap: Protection from Carrier Insolvency
Nov 1 2009 // Any producer, agent or broker can be exposed to the insolvency of one of their markets. Carriers providing insurance agents’ errors and omissions insurance (E&O) have developed a variety of responses to the...
Last Call for Participation: Insurance Agents’ E&O Survey
Oct 20 2009 // It’s time again for Insurance Journal to find out what’s been going on with Insurance Agents’ Errors & Omissions Insurance. IJ’s annual survey solicits the experiences and opinions of...
Agents’ E&O: What Do YOU Know? Participate In Insurance Journal Survey Now
Oct 15 2009 // It’s time again for Insurance Journal to find out what’s been going on with Insurance Agents’ Errors & Omissions Insurance. IJ’s annual survey solicits the experiences and opinions of...
Rockwood Programs Lowers P/C Agency E&O Minimum Premiums
Oct 14 2009 // Rockwood Programs, Inc. says it has reduced the minimum premiums for its Property/Casualty Agents Errors & Omissions (E&O) product. Premiums now start at $1,250 for agents generating less than $100,000 in...
Great American Unit Adds Small Accounts E&O Coverage
Sep 29 2009 // Cincinnati, Ohio-based Great American Insurance Company’s Executive Liability Division (ELD) has added professional liability coverage for small accounts. The company introduced as part of its ExecPro suite of...
Illinois Firm Offers New E&O Insurance Program for Roofing Industry
Sep 11 2009 // Lombard, Ill.-based insurance services firm, Norman-Spencer International Inc., and the National Roofing Contractors Association (NRCA) are partnering to provide professional errors and omissions (E&O) insurance...
Watercraft Rentals: It’s Good to Know What’s Covered and What’s Not
Aug 17 2009 // It’s summer, do you know where your homeowners insurance customers are? Perhaps they’re out on a lake somewhere, playing on rented jet skis or blowing with a gentle wind in a borrowed sailboat. Do they know...
