Reading the Fine Print to Avoid E&O Exposure November 18, 2024 By Chris Burand Just because a carrier’s form shows the policyholder has XYZ Coverage does not necessarily mean they have XYZ Coverage in...
2020 Could Make 2021 the Year of Insurance Agency E&O Lawsuits January 21, 2021 By Andrew G. Simpson Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores...
State of Insurance Agency E&O Insurance Market: Managing Rates and Risks January 23, 2020 By Andrea Wells Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise...
Agents Warned About E&O Risks in Claiming Cyber, Cannabis Expertise December 14, 2018 By Denise Johnson Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because...
Today’s Insurance Agency E&O Costs, Coverage and Claims January 10, 2017 By Andrea Wells Independent agency owners spend their entire careers worrying about the risks and exposures of others. Managing the risks of their...
Want to Know More About Agency E&O? Participate Now. October 21, 2016 Insurance Journal is asking for participation in its 2016 Agency Errors & Omissions Survey. This survey report will share key...
How and When to Shop for Agency E&O Coverage December 9, 2014 By Andrea Wells While many insurance agencies stick with their agency E&O carrier for years, those that do shop around tend to do...
Burand’s Agency E&O Blog: Tip #64 October 24, 2014 By Chris Burand Confirmation That Suit Papers Have Been Received by the Carrier.While not an every day occurrence, most agencies receive suit papers...
Burand’s Agency E&O Blog: Tip #63 October 21, 2014 By Chris Burand Inflation Factors are Missing.Some property policies, particularly dwelling policies in personal lines, lack automatic inflation adjustment factors. These same policies...
Burand’s Agency E&O Blog: Tip #62 October 17, 2014 By Chris Burand Producers and Staff Do Not Adequately Know the Agency’s Procedures.More often than many might expect, staff and particularly producers do...