You have all probably heard the expression, "You don't have to do anything wrong to get sued." This is why, when we discuss E&O loss prevention, we will never tell you that we can prevent E&O claims from happening. No one can, and thus, our...
I initially thought of a different title for this blog: Is everyone pulling their own weight? Face it — every division in every agency consists of teams. The teams may consist of two staff members or many more. So, the bottom line is that teams...
Over the last number of years of this E&O Plus blog, the issue of legal duties has been addressed from various perspectives. After all, the basic premise of E&O is focused on legal liability. In other words, just because the client suffered an uninsured loss...
Curtis M. Pearsall, CPCU, AIAF, CPIA President – Pearsall Associates Inc. When some think of Excess & Surplus Lines business, Lloyd’s of London might come to mind. Lloyd’s has had a foothold in the E&S business since its founding in 1688. It also had a major role...
Curtis M. Pearsall, CPCU, AIAF, CPIA President – Pearsall Associates Inc. With the holidays fast approaching, there is a good chance that many of your agency clients are busy checking off all the boxes on their Christmas lists and buying some nice toys for their kids and...
In all likelihood, this is a time where your agency is knee-deep in the 2022 budgeting process. Without question, this continues to be a challenge with the impact of the pandemic. Projecting the various components (new business, retention, expenses, staffing, etc.) and the subsequent overall...
Amy Baumann, AVP of Insurance Services and Quality Coordinator, and Bruce Ferguson, Jr., VP of Commercial Lines, accepted the award on behalf of The Underwriters Group, Inc. of Louisville, Kentucky, at the E&O Plus Quality Management Seminar in Charlotte, North Carolina. Established in 1993, The Robert...