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Companies are focusing on the consequences of cyber crime, not the causes, by purchasing liability and errors-and-omissions insurance.

Companies are focusing on the consequences of cyber crime, not the causes, by purchasing liability and errors-and-omissions insurance.

When faced with claims against agents and brokers for failing to properly advise their clients, courts have generally found that agents and brokers are not risk managers and are not responsible for advising their clients to purchase specific types or amounts of coverageabsent special circumstances.

With 2012 about to arrive, NU spoke with some of the key figures in the E&S/Specialty Markets arena to hear their assessments of where the biggest opportunities will be found in the year aheadand to get their take on the greatest challenges that will have to be faced over the...

With 2012 about to arrive, NU spoke with some of the key figures in the E&S/Specialty Markets arena to hear their assessments of where the biggest opportunities will be found in the year aheadand to get their take on the greatest challenges that will have to be faced over the...

Managing general agents (MGA) face the daunting technology challenge of having to act as a data go-between with all the many groups with which they have relationships—so their focus remains on the basics, not next-generation technology.

It is vital that insurers, TPAs, and corporations place great importance on the accuracy and reasonableness of case reserves to provide reasonable estimates for financial reporting purposes.

My experience tells me that almost every office suffers from some degree of backlog. Unfinished work can hinder an agency in a number of ways. For instance, every time a document is touched, the cost of processing that item increases. If backlog is