“Where’s the Fire?” Avoiding E&O Claims from Fire Losses
Every fire loss claim covered by an insurance policy begins and sometimes ends with the agent who sold the policy. However, avoiding an E&O claim related to a fire loss…
Agency Management
If I’d Only Sent Them the Policy…
“If I’d only sent them the policy, then I wouldn’t be in this mess.” And if I had a nickel for every time I heard that from an agent when…
One-Offs: Learn It or Refer It to Avoid an Errors & Omissions Claim
It happens to many agents. Aunt Sally and Uncle Bill purchase some retail space and plan to rent it out. They need insurance and, of course, contact you since you…
Coming Up Short: Protecting Your Agency From an E&O Claim for Inadequate Limits
By: Brendan McNeal A customer has requested a policy, and you have procured a quote. The coverage looks good. The deductible looks good. Most importantly to your customer, the premium looks…
Value-Added Services Could Pose an E&O Exposure
By: Nancy Germond Question: “I currently write a very nice tree service account, which is coming up for renewal in a couple of months. Last year, we had some stiff competition…
Don’t Get Hit: Avoid Getting Drawn into an E&O Fight by Offering Assault & Battery Coverage
By: Caryn Mahoney Imagine reading this headline in your local newspaper: “No coverage for $2 million judgment against apartment owner for shooting death.” The story goes on to say that the…
What Scares You?
Around my favorite time of year, Halloween, there are a lot of television shows and internet articles about scary things. It made me think that as an insurance agent errors…
What Scares You?
Around my favorite time of year, Halloween, there are a lot of television shows and internet articles about scary things. It made me think that as an insurance agent errors…