Category Archives: Published articles

Agency Loses in Huge Workers Comp E&O Claim

For most E&O carriers, the workers compensation line of business accounts for 8-10% of all E&O claims. Definitely not a small number. As noted by the attached which appeared on AgencyEquity.com on April 11, 2017, claims involving workers compensation can also … Continue reading

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The latest in Dog Bites statistics

As noted in the attached excellent article published by the Insurance Information Institute (www.iii.org), dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2016, costing in excess of $600 … Continue reading

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Top 10 Causes of Liability Losses Include Bedbugs, Crashes and Defective Products

Many E&O carriers report that E&O frequency is in very good shape but continue to express concerns on the severity of the E&O claims being reported. Quite possibly, one of the reasons why E&O claims are rising in size is … Continue reading

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Court Finds No Coverage for Credit Card Breach under BOP

The following cited an interesting legal case that was noted in the IRMI newsletter of Nov 16th. “Demonstrating the importance of liability coverage for cyber-claims, an Alabama federal court found that a grocery store was not entitled to a defense under a … Continue reading

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Number of Dog Bite Insurance Claims Falls But Average Claim Rises to $37K

As noted in the attached article, written by Emma Orr, that appeared on www.insurancejournal.com on May 12, 2016, the issue of dog bites continues to be a major issue facing the insurance industry. Are all carriers addressing this issue in the … Continue reading

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What’s in a Name? Insurance Coverage?

This excellent article, written by Attorney Steven Pitt, brings into question an issue that has potential E&O implications. This article appeared on www.claimsjournal.com on April 4, 2016. “Are insureds required to notify the insurance company of a change in business … Continue reading

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E&O Insights: Personal Lines Generates More Errors & Omissions Exposure than You Think

This is an excerpt from an Insurance Journal article that I authored in the November 16, 2015 edition. “Most agents’ errors and omissions (E&O) carriers report that commercial lines generates the majority of E&O claims. However, a significant number of E&O claims arise … Continue reading

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E&O Insights: How Well Are You Managing Your Agency’s Commercial Lines Accounts?

This is an excerpt from an Insurance Journal article that I authored in the October 19, 2015 edition. “Ask errors and omissions (E&O) carriers about their results when dealing with commercial lines shops and most, if not all, would comment that heavy … Continue reading

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E&O Insights: Big Trucks Can Cause Big E&O Claims

This is an excerpt from an Insurance Journal article that I authored in the September 21, 2015 edition. “Travel most any highway and it will appear that the trucking industry is healthy. Moreover, many insurance professionals are optimistic about the future of … Continue reading

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E&O Insights: How Management Shapes an Agency’s E&O Culture

This is an excerpt from an Insurance Journal article that I authored in the August 17, 2015 edition. “The phrase “you can’t judge a book by its cover” dates back to the mid-1800s. While that may ring true for the literary world, … Continue reading

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