Acsr errors omissions Study guides, Class notes & Summaries

6 Common Causes of E&O Claims - 1. Changes in Products 2. Customer Relationships 3. Company Relationships 4. Litigation to seek payment 5. Coverage Expectations 6. Insufficient Documentation claims-made basis - coverage is triggered from a claim first made during the policy period. 4 Typical Coverage Provisions typical to and agents E&O Policy - 1. Coverage for claims arising out of negligence in the course of providing professional services. 2. Coverage for defense costs 3. Coverage f...