Common Myths About Errors and Omissions Insurance

What is Errors and Omissions Insurance

As a business owner, you may be familiar with errors and omissions insurance, and how it protects you or your business in the event that a client pursues a claim based on what they perceive to be an error or omission on your part. Or maybe you’re asking, “What is errors and omissions insurance?” In brief, this type of coverage is intended for anyone who charges a fee for a professional service, and it guards you and your business if a client experiences some type of financial loss due to your actions. It’s commonly misunderstood, however, so here’s a look at some common myths about what’s often referred to as E&O insurance.

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Employee Benefits Are Good for Business

Insurance CT

As a business grows, so may the number of people it takes to run it successfully. Hard-working employees may be a company’s most valuable asset. In this competitive market, however, providing an attractive package of insurance in Connecticut to support those workers becomes a challenge. According to the Department of Health and Human Services, only 15% of companies with 25-100 workers offer health insurance. Yet health and retirement benefits may mean the difference between continuous turn-over and a loyal employee base.

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The Changing Face of Risk Management in Nursing Homes

As life expectancy continues to expand and America’s senior population grows, many nursing homes nationwide seek to enhance their residents’ engagement with the broader community and, by extension, to increase their quality of life. This emerging trend does involve certain liabilities, however, and risk management in nursing homes is therefore a highly useful service that provides coverage for these risks.

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What You Should Know About Attorney Professional Liability Insurance

What You Should Know About Attorney Professional Liability Insurance

Whether you are starting up a new legal practice or you have been managing your own practice for years, you will never outgrow the need for quality insurance coverage. Because your line of work is particularly risky and involves handling sensitive information on a regular basis, it is important to make sure you have attorney professional liability insurance coverage in addition to your general liability insurance coverage. Here are a few things you should know before purchasing a professional liability policy.

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