E&O Loss Control

No one wants to look foolish in a professional setting. But a number of foolhardy practices result in real-life errors & omissions claims against insurance agents.

An errors & omissions claim against an agent can often devolve into the agent’s word against the client’s. Your best weapon against this type of case: documentation of the facts.

Offering insurance packages to protect clients’ various interests comes with inherent risk. That risk increases alongside the client’s net worth.

Surprising weather events can occur in any part of the country. Make sure your customers have the option of purchasing additional coverage.

What E&O practices and procedures best protect an agency?

E&O carriers see many claims in which liquor liability coverage was a subject of confusion for the agent, client or both. Don’t fall into the same trap.

Here are a few workflow-related exposures that can give rise to E&O situations—and how to approach them properly.

Not every agency can hire a winning trial lawyer with E&O experience as in-house counsel. Take these more feasible steps to prevent future E&O claims.

Here are the three most common sources of E&O claims involving HO insurance—and what you can do to defend them or, better yet, avoid them in the first place.

The assumption that “bigger is better” can lead to disaster if an agency’s acquisition focus is growth alone, with no attention to E&O risks.