Hurricane Season Brings E&O Claims
June 1 marked the beginning of the Atlantic hurricane season, which spans from June 1 to November 30. Along with checking battery supplies and buying extra bottled water, insurance agents…
Insurance Producers Beware: Errors & Omission Exposure Is a Real Threat
It is job number one for every insurance agent and broker to ensure that the insureds they work with are covered against potential losses. At the same time, these producers…
EPLI vs. E&O – What You Need to Know
It is critical to get insurance right as an agent and business owner, but sometimes the specialty coverages become complicated. When you think about professional liability coverage, you may be…
The Highs and Lows of E&O Insurance for Cannabis Businesses
Cannabis businesses have a lot to consider when setting up shop, and insurance is a critical component. Businesses in this industry have specific risks and needs, so it is important…
Pandemic-related E&O Claims – What to Expect Next
2020 was an unprecedented year for many types of businesses, and insurance faced many challenges along with most other industries. Pressures from the economic downturn and hard market made conditions…
Errors & Omissions Cyber Incidents Are on the Rise
The last year has been challenging for insurance agents in many ways. You have had to find new ways to work and live. We’re all doing more business virtually and…
Here’s What’s Covered in the American Agents Alliance E&O Insurance for Insurance Agents
Highlights The Alliance errors and omissions coverage offers many important protections for agents and agencies. The Alliance values its members and offers an environment that demonstrates this. The best time…
Is Your Agency Reaching Out to These Clients About Their E&O Needs?
Highlights: Errors and omissions coverage benefits professionals who charge fees for their services. Many professionals don't think about E&O liability, and claims can come as a nasty shock. COVID-19-related losses…
Are Your Insurance Agents Making These Common E&O Mistakes?
Highlights: Errors and omissions claims can be costly when agents make errors. Errors can occur both on behalf of clients and in dealing with the agent’s own errors and omissions…
Why Claims Adjustors Need Errors and Omissions Insurance
Overview: Claims adjustors need errors and omissions insurance. The most common reasons for E&O claims against adjusters are failure to deliver, charges of overpayment, unfair settlement accusations, and breach of…