E&O Guardian/Professional Liability

Seventy-three percent of independent insurance agencies saw an increase in their agency errors & omissions renewal premium in 2024.

To keep premiums affordable, homeowners carriers are excluding coverage for what used to be standard covered perils. Cosmetic hail damage is one of those coverages that is increasingly becoming excluded.

Here are five proactive ways to maximize your chances of successfully defending against an errors & omissions claim.

​Hi, Santa. It’s Brian, your favorite agents and brokers errors & omissions claims handler, writing after a year of diligently navigating the complexities of E&O claims.

In today’s volatile market, independent agencies face various emerging challenges that can lead to significant financial consequences.

Many personal lines clients mistakenly believe their standard homeowners insurance policy covers cyber incidents.

Maintaining, improving and enhancing your website can feel like a full-time job for independent agents, who already wear many hats in their businesses. That’s why the Big “I” has an array of resources to help.

Insurance carrier ratings provide insights into the financial strength, stability and reputation of insurers and help you when recommending coverage options to your clients.

An agency is considering adding language to its agent of record (AOR) letter advising that the agency is not responsible for any deficiencies that exist in the coverage until it has a reasonable chance to review the coverages.

As agency managers strive to perpetuate their agency, here are key areas to focus training and administrative efforts to reduce errors & omissions exposures.