Agents frequently insure entities on whose boards they serve. There are inherent conflicts and dangers in this business-building approach. Exercise Caution!
Continue reading about Caution! — Agents on Boards – 2/4/10 Knowledge Knugget
D&O policies are not intended to cover professional services, even though the entity and the employees are insured for their wrongful acts.
Continue reading about D&O Policy for Professional Exposures?
The gap between your insured’s pro bono or bartered services and the coverage provided by their professional liability policy can be closed.
The most common wording in professional liability policies — inclusion of “for a fee” in the definition of professional services — can render a policy useless when your insured performs pro bono or other non-fee services.
Continue reading about Is “For a Fee” Wording Leaving your Insured Bare?
Business relationships are all about contracts, and certain breaches of contracted expectations give rise to coverage under an E&O insurance policy.
