Monthly Archives: May 2015

Flood Insurance Does Not Cover Debris Removal From Insureds’ Land

When floods occur, there is certainly the potential for coverage issues to come into play. As noted in the attached interesting article that appeared on on May 13, the question of coverage for the removal of sand was an issue. This … Continue reading

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When Dogs Bite, Home Insurers Pay Average $32,000

As you know, I have dedicated a number of articles to the subject of dog bites and the potential that when coverage is limited or not provided under the homeowners policy, E&O claims can occur. As noted in the attached article … Continue reading

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Some cool tech tips for producers

It certainly appears that year after year, within insurance agencies, producers are the main discipline generating E&O claims. Virtually every year, the number is 50% plus. This should not be construed as a knock against producers. In reality, it demonstrates the … Continue reading

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Just because a relationship is long does not make it “special”

In the world of Agents E&O, there is the potential for courts to impose different levels of legal liability standards in a litigation matter. In the overwhelming majority of E&O cases, the agent “has no duty to advise as a … Continue reading

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E&O Insights: Insuring Restaurants and Taverns Presents Some Real E&O Risks

This is an excerpt from an Insurance Journal article that I authored in the May 4, 2015 edition. “Although most agencies insure at least one restaurant or tavern, this shouldn’t suggest that they are easy accounts to write. Errors and omissions (E&O) … Continue reading

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What companies are you using for your E&S business?

For the most part, agents are very good at having a standard that requires their carriers meet a certain AM Best rating. Typically, I see A- as that standard although from time to time, some agents will drop down to … Continue reading

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Homeowners valuations – are you relying on your companies?

It is interesting to note that the homeowners line of business generates a significant number of E&O claims. In fact, in some years, it has been as high as 1 in every 5 E&O claims. In the vast majority of … Continue reading

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