Although employment practices liability insurance has been around since the 1990s, there’s still essentially no standardization among EPLI coverage forms. Here are five crucial coverage elements to watch out for.
Independent agent Warner Phelps used to be “able to use the absence of EPLI coverage to open conversations with prospects,” he says. “Now, insureds already have the coverage in force. Therefore, the conversation turns to coverage, limits and understanding
Without a doubt, purchasing or selling an insurance agency triggers additional errors & omissions exposure. What processes can successful agencies employ during a transition in order to help reduce their exposure to E&O claims?
Errors & omissions claims happen, and many of the worst ones—those in excess of $1 million—come from the same lines of business and involve similar types of errors.
Munich Re’s Battery Performance Warranty Cover product is one of the first coverages in the world to make battery performance insurable.
Here are 10 suggestions for new agents that can help reduce your errors & omissions exposure.
Once you convince a commercial client that directors & officers insurance is worth the investment, here are four coverage elements to keep a close eye on in 2019 and beyond.
Coverage options include investment adviser professional liability, fund professional and management liability, D&O liability, employment practices liability and fiduciary liability.
Over the past several years, the legal and regulatory environment has shifted significantly, leaving directors & officers of all kinds exposed to costly and potentially devastating lawsuits.
As more organizations face more lawsuits, the price of directors & officers insurance “is going to increase at some point,” says independent agent Mish Ganssle. “However unfounded a claim might be, it must still be litigated, which takes time, and legal c