E&O Loss Control

It’s the oil refineries and gas stations, the truckers who haul hazardous loads and the manufacturing plants, right? True, but other, less conspicuous commercial clients need pollution coverage, too.

Placing special events coverage for a client is generally not the cakewalk you were expecting.

Because the amount of cyber coverage available is normally several million dollars, the potential errors & omissions exposure for mishandling such a policy is substantial.

Between now and the day you retire, unforeseeable circumstances may get in the way of your workplace farewell. How can you minimize disruption?

Failing to understand the details of employee classification requirements under workers compensation statutes can result in inaccurate reporting, which can lead to an assessment of additional premium after an audit—and an E&O claim.

Marijuana, mold, drones—why turn a blind eye to a new risk when it could be so lucrative for your business? Before agreeing to write that policy, make sure you’re not walking straight into an errors & omissions disaster.

You may not even realize it, but your agency’s website could be exposing you to an errors & omissions claim. Keep these two issues in mind to protect your agency.

Does your agency’s website make promises you can’t keep? Even the most innocuous language could morph into an errors & omissions disaster.

Want to avoid getting a letter from your E&O carrier informing you of an uncovered, excess exposure? When selecting E&O coverage limits, ask—and honestly answer—these questions.

As new risks continue to emerge at a dizzying pace, new insurance products are cropping up constantly. And even a veteran insurance agent can run into trouble placing these new coverages.