VU Resources

Every agency owner we’ve ever met has days in which they would gladly hand the keys over to someone else and walk away from the agency business. No doubt the…

Understanding insurance requirements in lease and purchase agreements is often complicated. From gross leases to absolute net leases, these varying terms directly influence insurance responsibilities as a leaseholder. If your…

Insurance professionals face several challenges today, from staffing constraints to increasing errors & omissions (E&O) allegations. Of course, while staffing challenges can impact E&O claims, even your most respected customer service representative or your most influential…

How long to keep policy information continues to challenge today’s insurance agencies and brokerages.

Insurance professionals face several challenges today, from staffing constraints to increasing errors & omissions (E&O) allegations. Of course, while staffing challenges can impact E&O claims, even your most respected customer service representative or your most influential…

The COVID-19 pandemic brought a host of issues for everyone, both personally and professionally. For employers, keeping a business operational resented all kinds of challenges. Agencies have had to adapt…

Check out the four things to keep in mind to avoid potential errors & omissions claims as you look to improve your business.

Overlooking the error of a high-producing agent, for example, will only delay correction until the next mistake. There needs to be consistency from management – from receptionist to lead producer;…

Much ink—and a lot of webinar time—has been devoted to the topic of agency websites leading to errors & omissions claims in recent years. The message is simple: Our insureds…

Three days. That’s how long the driver had been working for his new employer, a trucking company. His truck was solid—no mechanical issues at all.