Discover how professional liability insurance protects against negligence claims, its costs, and why it's crucial for professionals like lawyers and doctors to have this coverage.

With the shift to a service-based economy, consumers are demanding accountability and standards have become more stringent. And as a result, many companies have ...

Financial advisors offer a lot of personalized advice which can open them up for potential lawsuits if anything goes wrong. These lawsuits not only harm their reputation but can financially devastate ...

The national average cost for errors and omissions insurance coverage is $61 per month, or $735 per year. The main factors that determine the cost of coverage include the industry and geographic ...

E&O insurance protects against lawsuits from advice or services errors. Various professionals, including lawyers and doctors, should consider E&O coverage. E&O policies exclude coverage for fraud and ...

WORCESTER, Mass., Nov. 10, 2020 /PRNewswire/ -- A recent study from The Hanover Insurance Group, Inc. (NYSE: THG) found nearly half of professional service providers faced allegations of ...

Essential Financial Protection Errors and omissions insurance is essential for businesses that provide professional services. It can help protect your business from a financial disaster in the event ...

The 2023 Hiscox Underinsurance in Small Business Report found that two-thirds of small businesses do not have professional liability, also known as errors and omissions or E&O insurance coverage. Most ...

(MENAFN- Newsfile Corp) Dallas, Texas--(Newsfile Corp. - February 7, 2024) - Upland Capital Group (Upland) continues its growth by introducing two new liability products to its portfolio: Professional ...

How can business owners determine if they have these types of exposures? If I were a business owner trying to identify the extent of my E&O exposure — or whether I even had an exposure — I’d ask one ...