Professional Liability

While the nuances there can be tricky, there is nothing complicated about the opportunities in the directors & officers and errors & omissions marketplace.

The new product combines EPLI, D&O and fiduciary liability coverages in a single policy.

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.

A product recall policy is much broader than its name suggests, covering recalls, stock recoveries when the product is still in the insured’s possession, and market withdrawals.

Even though small businesses put a lot of work into manufacturing high-quality products, there is always the chance that products could fail to work properly and cause harm to a consumer.

“It’s really important for every commercial client to have this coverage, which we’re keeping in mind as we’re growing our commercial book,” says independent agent Melissa Stallings. “As I’ve learned, employees are the bread and butter of a business.”

As more offices reopen and employees are being asked to return to the office, agents can play a pivotal role in helping clients avoid employment practices liability insurance (EPLI) claims.

As more offices reopen and employees return to work, employers are expecting to see an increase in discrimination and retaliation claims and whistleblowers reporting unsafe workplace conditions.

​Like the driver who realizes they should have buckled their seatbelt after an accident, employment practices liability insurance is a coverage that most small businesses think they don’t need.

​Homes are selling like hotcakes—and while the cakes may be beginning to cool off slightly compared to this spring, the intense market still means real estate agents need the insurance coverage to match.