The Big ‘I’ Publishes M&A Handbook to Reduce Agency E&O Claims
Resource provides training and checklists to manage E&O risk during ownership transitions.
EO Loss Control
Rat Race: 4 Ways to Grow Your Business, Not Potential E&O Claims
Check out the four things to keep in mind to avoid potential errors & omissions claims as you look to improve your business.
Comp Conundrum: Will Workers Compensation Premiums and Claims Drop Under New Modes of Working?
“Once the toothpaste is out of the tube, it’s tough to get back in,” H.R. Haldeman, White House chief of staff under the Nixon Administration, famously observed. Half a century…
Too Little, Too Late: Why You Should Make the Effort to Offer to Insure Properties to Value
“Full coverage.” Does that phrase sound familiar? It should because we’ve heard it said by claimants in errors & omissions claim after errors & omissions claim. Why does the insured…
Paradigm Parachute: How Agents Can Take Advantage of E&O Defenses
Increasingly, courts and legislatures around the country have offered insurance professionals a parachute of sorts to save the day in the event of an errors & omissions claim. Sometimes it’s…
“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…
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…
Good Riddance: A Look Back At the Causes of Errors & Omissions Claims in 2020
Writer and philosopher George Santayana is remembered for the phrase, “Those who cannot remember the past are condemned to repeat it.” Given the current state of affairs—coming off 2020 and…
In the Box: 9 Common E&O Claims Against Agencies from Past Hurricane Seasons
If you’ve forgotten what’s coming this month, you can be forgiven. COVID-19 has been front and center in our lives for so long that it’s difficult to look beyond it.…
