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Home > Blog > U.S. E & O Brokers Blog Page 7
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U.S. E & O Brokers Blog Page 7

View the latest blog posts from U.S. E & O Brokers.

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Wednesday, April 22, 2020

Directors and Officers Risks for Insurance Agencies

When handling clients, employees, contracts, personal information and finances, insurance agencies face a great deal of liability risk. Those perhaps the most at risk are the directors and officers advising the business. Directors and officers insurance covers claims against certain supervisors of the business. READ MORE >>

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Thursday, March 26, 2020

Why Insurance Agencies Need Errors and Omissions Insurance

Insurance agents, just like other specialists, are professionals that offer services based on their experience and expertise. Offering this service comes with a wide range of risks. General liability likely won’t cover you or your agents if a claim is made based off of professional negligence. READ MORE >>

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Tuesday, March 17, 2020

E & O Essentials In a Crisis

As we head into a new type of business environment this month, it is time to review Essential E & O procedures. Hurricanes may be more predictable than our situation today facing COVID 19, but thinking ahead can make a difference. Social Distancing and Office Cleaning procedures are very important to keep the office going and free of disease. READ MORE >>

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Monday, February 10, 2020

What is a Breach of Cyber Security?

With most information stored electronically, losing that information can be easier and more dangerous than ever. Sensitive client information must be protected at all costs, but there are cyber attacks made daily on multiple levels. But what does it mean when you’ve had a breach in cyber security? READ MORE >>

Wednesday, January 22, 2020

DEFINITIONS ARE IMPORTANT:

Punitive Damages- Punitive damages are awarded in addition to actual damages in certain circumstances. Punitive damages are considered punishment and are typically awarded at the court's discretion when the defendant's behavior is found to be especially harmful.  Definition provided by the Legal Information Institute https://www. READ MORE >>

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Wednesday, January 22, 2020

NEW DECADE FOR E & O RISKS

2020 will begin another decade for new emerging risks.  You may not think that an emerging risk for E & O exposures are at your fingertips, but the biggest risk your agency may face is typing an online application.   READ MORE >>

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Monday, January 13, 2020

The Benefits of D&O Insurance for Insurance Agencies

Insurance agencies offer a variety of coverages, but they need just as much insurance to protect themselves—sometimes more. Insurance agents face a lot of risk by the nature of the job. Handling sensitive information, speaking with clients, providing advice and billing are all activities an insurance agent may do in a given day that could cause an issue down the road. READ MORE >>

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Friday, December 6, 2019

E&O Insurance for Insurance Companies

Insurance companies provide clients with a variety of coverages to cover almost any event. But insurance companies themselves need coverage, as well. This industry has a lot of different facets and availability for mistake. Employees are human and mistakes come with the territory, especially when dealing with clients. READ MORE >>

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Wednesday, November 6, 2019

Is there Cyber Liability for Insurance Agencies?

In the modern business world, nearly everything is done on computers. Files and files of information sit on serves behind firewalls, hoping they won’t be spotted by a hacker, or that the wall will be enough if to block out ever-evolving viruses. If your business stores sensitive information, a breach is even more alarming. READ MORE >>

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Thursday, October 24, 2019

Why You Should Add Cyber Liability to Your Policy

In 2019, most companies utilize digital tools to reach customers, handle management procedures and achieve higher degrees of efficiency. It makes sense: The power of social media, landing pages, mobile apps and e-commerce portals, alone, can boost a business to next-level performance. READ MORE >>

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