During a recent all-member agency conference call, the National Association of Independent Life Brokerage Agencies (NAILBA), Fairfax, Va., formally launched its new agent E&O insurance program, designed to specifically respond to the needs of the
Members of the Independent Insurance Agents & Brokers of America have signed an agreement with Swiss Re's Commercial Insurance to continue as the IIABA-endorsed carrier for agents' errors and omission
In a single hectic day, insurance agents may field dozens of phone calls--mostly from clients. Unfortunately, as we attempt to keep everyone happy, we sometimes forget to document what was discussed
Litigation in Gulf Coast states stemming from Hurricane Katrina has heightened agents' concern about their duty of care in recommending appropriate coverage and their potential liability under errors
Len Brevik, executive vice president and chief executive officer for the Alexandria, Va.-based association, said, "We believe that this new E&S market is important for many agencies due to changing un
The Alexandria, Va.-based association said the nationally endorsed program will provide liability coverage for agents--for example, protecting agents in the event they fail to provide a specific covera
The following article was adapted from Mr. Pearsall's presentation at the AMS Users' Group's 29th National Conference, which was held in April in Nashville, Tenn.) IN RECENT years, advances in automation and technology have improved
The following article was adapted from Mr. Pearsall's presentation at the AMS Users' Group's 29th National Conference, which was held in April in Nashville, Tenn.) IN RECENT years, advances in automation and technology have improved
In the September 2001 issue of American AGENT & BROKER, we attempted to forecast the future of insurance agents errors and omissions insurance ("Agent E&O Renewals: Don't Wait Until the 11th Hour"). We foresaw the hardening of the market but never
Hard Market Extends To Agent E&OThe effects of the hardening market are universal and no one, it seems, is being spared--not even independent agents themselves, ...