I Bet the Named Insured Doesn't Own the Building! Have You Asked? 
Never assume the named insured owns the building. You need to ask what seems like a ridiculous question because ownership of the building may be held by another "person" related to the operation. The president of the corporation may own the building personally, but in his mind there is no difference. Not protecting the actual owner can create a huge gap in coverage.
If you have never had an errors and omissions (E&O) claim – and hopefully you never will – you might have some misconceptions about E&O coverage and E&O claims. We’d like to clear up six that we come across frequently. Click Here for 2-page PDF
​AGENT SUED FOR PLACING COVERAGE WITH INSURER THAT BECAME INSOLVENT

Errors & Omissions PreventionInsurance Coverage en Español
http://www.iii.org/es/insurance-topics/all-coverage-en-espanol
​Is Policy Language Always Sufficient?
Insurance policies are simply contracts and, when disputes arise, policy language is often relied upon to support arguments for or against coverage. This is a major reason why clear wording is very important. Court cases are a significant source that triggers changes in policy language. They may occur either through the impact of actual cases or indirectly through changes in law that have their origins in addressing wider spread situations on how insurance responds to certain types of losses. Examples involve confusion over water-related losses, concurrent causes of loss and confusion over how the word “insured.”
With regard to more parties being granted insured status, insurers recognize that coverage obligations should be extended under certain circumstances. However, carriers want to have sufficient knowledge of parties that they may be obligated to reimburse or defend against claims.
Click here for an excerpt of wording on “Who Is An Insured” found in the ISO Commercial General Liability’s coverage analysis in PF&M.

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Errors & Omissions Prevention
Agency E&O Case: False Information, Forged Signature and Policy Exclusion
Errors & Omissions Prevention

​AGENCY SUED FOR NOT OFFERING EXCESS UNDERINSURED MOTORIST COVERAGE

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E and O Prevention

E and O Prevention