Monthly Archives: August 2014

WC – Is the standard different because the coverage is compulsory?

Each and every year, the workers’ compensation class of business results in upwards of 10% of all E&O claims. While this may not seem like a lot, it is a class of business that agents need to be sensitive to … Continue reading

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Agency producers – how “good” is the documentation of your client discussions?

In reviewing a number of E&O claims, it certainly seems that the notes detailing the discussion of the various producer / client meetings could use some improvement. It is important to realize that when an E&O claim develops, all file … Continue reading

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E&O Insights: ‘Just Duplicate What I Have’

This is an excerpt from an Insurance Journal article that I authored in the August 18, 2014 edition. “From a producer’s perspective, the words in the headline are dangerous when spoken by a customer or prospect. Simply duplicating what the insured … Continue reading

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Business Interruption: how many of your customers are properly protected?

Each and every year, there are a significant number of E&O claims arising from problems with Business Interruption. The issues include customers not having the coverage, not having the right type of coverage, not understanding the coverage they have or … Continue reading

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Questions to Ask in Cases Involving Leases, Rental Agreements and Other Contracts

The following is an excerpt of an article authored by Kevin D. Bush, managing partner, San Diego office of Cozen O’Connor that appeared on on July 16, 2014. “In many subrogation cases, the recovery specialist is confronted with one or … Continue reading

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Driverless cars – a new personal lines exposure

You may have heard that “driverless cars” are a thing of the future. Well, as you will note in the attached article authored by Ma Jie, Alan Ohnsman and Craig Trudell that appeared on on July 17th, those days are not … Continue reading

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Earthquake Risk Increased for Nearly Half of U.S.

How many of your customers have earthquake insurance? In light of the new federal earthquake map, this is as good a time as any to educate them and offer to place this important coverage. If they reject the coverage, be sure to … Continue reading

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