Insurance Agents E&O News

Liberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program

Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an additional $100,000 annual aggregate limit for defense and …

Business Risk Partners, LIU Launch New E&O Policy Form for Agents, Brokers

Program administrator Business Risk Partners (BRP) has launched a new insurance agents and brokers professional liability form through Liberty International Underwriters (LIU), a division of Liberty Mutual Insurance. It’s the first major policy upgrade since 2008, when BRP and LIU …

Risk Management Services Launches Group E&O Plan for Life, Health Agents

Risk Management Services (RMS) has established a group errors & omissions insurance plan for life and health insurance agents in partnership with Gotham Insurance Co. Applications must be submitted via the entity’s online quote facility; coverage can be bound through …

First Capital, Hudson Insurance Group Launch Insurance Services PL Facility

First Capital-AWIS, LLC (First Capital) and Hudson Insurance Group (Hudson) have introduced a new insurance services professional liability primary and excess facility underwritten by Hudson and administered exclusively by First Capital. The facility offers a range of insurance services classes, …

Identifying and Mitigating Agent E&O Exposures in the High-Net Worth Segment

As the Internet continues to take hold over the independent insurance agent’s market share, the value-added services a broker can provide to their clients are more important than ever, especially in the high-net worth space. Being an advisor, and not …

Rockwood Decreases Agent E&O Rates in Massachusetts, California, Texas

Rockwood Programs has implemented underwriting guideline changes to its P&C Agents E&O program. The modifications will result in a rate decrease in the states of California, Massachusetts, Nevada, and Texas. The exact amount of the decrease will be dependent on …

MarketScout, Ironshore Launch E&O Program for CIC Insurance Agencies

MarketScout has developed a new errors & omissions facility designed specifically for Certified Insurance Counselors (CIC) to be offered through its relationship with Ironshore Inc., a global specialty insurance company. The new facility will also work in cooperation with The …

American Resources Insurance Co. Expands Rockwood Partnership

American Resources Insurance Company (ARIC) has broadened its partnership arrangement with Rockwood Programs. The new relationship provides ARIC’s producer network with access to an array of management and professional liability products, including insurance agent’s errors & omissions (E&O). “By expanding …

New Features Added to General Star Insurance Agents Program

General Star has made a number of enhancements to its insurance agents errors & omissions program. Distributed on an exclusive basis by program administrator All Risks, Ltd., the coverage continues to be written by General Star Indemnity Co. or General …

All Risks, General Star Enhance Insurance Agents E&O Program

All Risks, Ltd. has enhanced its exclusive insurance agents errors & omissions program through General Star Management Co. Specialized coverage now features additional insolvency options, revised rates, no minimum earned and a more flexible submission process. The program can accommodate …