Tag Archives: Errors and Omissions Insurance
Cyber Security Hacking by Chinese Traders A Wake Up Call for Law Firms
According to a recent unsealed federal indictment, three Chinese traders hacked into the computer systems of prominent U.S. law firms and stole non-public information on mergers and acquisitions, netting the hackers more than $4 million in illegal profits. These allegations are just the latest red flags for law firms, which have long been considered vulnerable to cyber attacks.
The traders upon hacking into the systems bought shares of at …
Common Pitfalls Leading to Insurance Agent E&O Claims
The world of insurance is changing with new players entering the marketplace, including Google, Overstock.com, Wal-Mart and others. This has made it even more imperative for independent agents and brokers to differentiate themselves from these disrupters and other direct marketers, not only in personal lines, but also in the commercial lines space. Increasingly more agencies are presenting themselves as consultants, risk management advisors and experts to gain more business and …
Errors & Omissions Insurance Infographic
Errors & Omissions Insurance Infographic
Errors and Omissions Insurance covers a wide array of professional industries. Errors and Omissions insurance is professional liability coverage for claims relating to either providing a professional service or failing to provide a professional service.
From Lawyers to Insurance Brokers, an Errors & Omissions policy is designed to help protect you or your company from bearing the full cost of defense and damages for lawsuits …
A Look at Errors and Omissions Insurance for Title Agents
Reviewing Professional Liability Insurance for Title Agents
As specialists in professional liability insurance, the coverage we provide for each profession reflects their services and the specific exposures they face. At Axis Insurance Services, LLC, we provide Errors & Omission (E&O) insurance for many types of professions – from insurance agents and attorneys to architects and engineers, to name a few. We also write specialized E&O coverage for a broad spectrum …