U.S. E & O Brokers Blog: insurance
View the latest blog posts from U.S. E & O Brokers.
Thursday, October 12, 2017Whether an independent or captive agent, insurance salespeople promise to deliver a degree of profit to their partner companies. They likewise have to ensure that they handle the funds of their clients in an ethical manner. Failing to do so could harm insurance clients and the various providers that agents associate with. READ MORE >>
Friday, September 8, 2017Insurance agents come with strong professional backgrounds. However, each of them also brings risks to your business. An agent’s actions may lead to mistakes that cause financial or personal harm to clients. All insurance agencies should carry the appropriate errors and omissions (E&O) coverage. READ MORE >>
Friday, August 11, 2017Many insurance companies keep comprehensive data files on most of their clients. The sheer volume of customer data you deal with makes file management tantamount to a successful business. If you don’t properly manage your data, it might lead to policy problems for clients. READ MORE >>
Tuesday, July 11, 2017Every public, private and non-profit business requires decision-making. Most businesses place the biggest decisions in a manager or other decision-making body like a board of directors. The larger the business, the more complex the company’s management becomes. READ MORE >>
Monday, June 12, 2017An attorney was released on $20,000 bond today after a Texas Department of Insurance investigation found evidence of organized criminal activity, legal misconduct, and insurance fraud related to hail claims. A Tarrant County grand jury on Monday issued a 16-count indictment for R. READ MORE >>
Wednesday, June 7, 2017Running a business is not easy. There is always a chance that something could go wrong, or that someone could make a mistake. In these events, a business becomes a risk to its own finances and its customers. Insurance agents have a responsibility to offer the correct services to their clients. READ MORE >>
Monday, May 22, 2017Insurance agencies handle a very large quantity of extremely personal information. Formulating policies requires a lot of information from clients. This may include social security numbers, birth dates, addresses, financial statements, credit card information and other private materials. READ MORE >>
Thursday, May 18, 2017The recent ransomware attacks in more than 150 countries are likely to increase demand for related insurance protection as they reveal the widening scope of corporations’ cyber risk exposures. But Fitch Ratings says insurers should take a cautious approach to adding cyber exposures as there is considerable uncertainty in pricing and underwriting this risk. READ MORE >>
Tuesday, April 11, 2017The structure of most companies usually includes a certain level of managerial structure. Directors usually reside at the top of the company pyramid. They also likely oversee a significant portion of the company's daily decision-making. A company’s structure also places different levels of risk upon each tier of employees. READ MORE >>
Wednesday, March 29, 2017Insurance agencies are businesses themselves. Just as you offer policies to others, your company also needs to invest in its own insurance coverage. Agents know that business insurance isn’t just one policy. The vast number of policies under the business insurance label combine in many ways. READ MORE >>
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