Why Agencies Are Paying More for E&O Coverage at Renewal
Seventy-three percent of independent insurance agencies saw an increase in their agency errors & omissions renewal premium in 2024.

Seventy-three percent of independent insurance agencies saw an increase in their agency errors & omissions renewal premium in 2024.
A general contractor in New York is being required by a state authority to have $1 million limit for coverage for damages to rented premises. The commercial general liability (CGL) carrier can only issue a maximum of $300,000.
More than three-quarters of midsize business owners say evolving regulatory and safety standards have had an impact on their risk management needs, the survey found.
A client is planning a $400,000 house renovation. Would a builders risk policy be the best option to cover the renovation, or are there specific ISO homeowners endorsements that can be added?
Cybercriminals are using artificial intelligence (AI) to make phishing harder to detect. Here are four security practices that small and midsize businesses can use to protect their organizations.
The significant increases were driven by inflation, labor shortages and supply-chain disruptions, according to a Verisk report.
An insured has hired a company to demolish an old building, on which they have liability coverage, that has a common wall with the property next door.
By integrating generative AI and working with insurers and managing general agents (MGAs), agents can provide more tailored coverage options, accurate pricing, and faster quoting and binding for their policyholders.
The new product provides access to managed threat intelligence to protect against cyber, reputational and physical risks, helping organizations reduce their digital exposure.
The Travelers Institute surveyed the cybersecurity landscape in major U.S. cities, including Washington, D.C. Here’s what companies can learn from the businesses operating in the nation’s capital.