Personal Lines

To mitigate the risk of an errors & omissions claim, insurance professionals need to approach offering umbrella coverage with diligence and consistency.

Regular attention must be paid to keeping underlying coverages in place without any gaps, offering higher umbrella limits and recommending uninsured motorist/underinsured motorist coverage.

At a time when agencies are feeling the squeeze from increasing operational costs and companies cutting commissions, solidifying relationships will help retain clients and protect income.

Builders risk coverage is a necessity for new construction, remodeling or renovation. Your knowledge of the coverage provided, extensions and exclusions is crucial to protect your client and your agency.

Mortgage lenders are requiring agents to supply a replacement cost estimate (RCE) for refinance closings. Is this something the agents should be doing?

In 2021, the Great Reopening brought with it a return of the auto errors & omissions claim. Swiss Re received 183 of them last year and 2022 is on track to surpass it.

Exposure for professional liability claims involving umbrella policies can be substantial, but a few simple risk management steps can greatly reduce the chances of a professional liability claim succeeding.

Is there errors & omission coverage for recommending a life settlement option? The answer is “yes” and “no.”