Attorney’s First Insurance is here to offer E and O insurance for law firms in Alaska. Any client has the right to sue your law firm if they believe your services caused them financial harm, whether actual or perceived. In such cases, having the right errors and omissions (E&O) insurance policy can protect you and…
Why Your Law Firm Needs Professional Liability Insurance They say mistakes are excellent learning opportunities. However, for law firms, all it takes is just one simple mistake for your firm to be on the receiving end of a lawsuit that could cause financial and reputational devastation. The best way for a lawyer to be protected…
How will E&O Insurance Change in the Near Future? The errors and omission insurance market has come under increasing pressure from the rising social inflation and “nuclear verdicts” awarded by courts. Fueling this is a growth in claims filed by aggressive plaintiffs not to mention tremendous changes brought about by the COVID-19 pandemic. For lawyers,…
Do you have the best E&O insurance policy for your law firm or title agency? Errors and omissions (E&O) insurance is a necessity for every attorney and title agent. It’s a prudent and practical way to ensure your firm or agency is protected from financial losses in case you make an error or are accused…
What are Common E & O Claims Title Agencies Face? Title agents are particularly vulnerable to lawsuits. With high-value properties, multiple details to uncover, and a long list of clients to serve, a simple mistake can have significant financial implications and potential damage to the agent’s reputation. That being said, having knowledge of the common…
How to find the best E & O Insurance Provider for Your Firm or Agency A huge part of being an attorney or title agency means having to purchase errors and omissions (E&O) insurance. However, choosing the right insurance plan can be complicated and overwhelming. There are many insurance companies on the market that…
How Errors and Omissions Insurance Protects Title Agencies Making a professional mistake, or just being accused of one, can result in legal claims or lawsuits. As a title agent, your clients expect superior performance and error-free results. That said, some clients do not hesitate to take legal action if they believe they’ve suffered financial losses.…
Why do your clients look for firms with E&O insurance? You need errors and omissions insurance (E&O) to protect you financially from legal costs or damages that may arise. As a professional, you’re expected to adhere to certain standards and best practices for your firm or agency. If a client is unsatisfied with your services,…
What to Expect if You Don’t Have an E&O Insurance Policy for Your Law Firm or Title Agency Many professionals for-go a policy and serve their clients without maintaining errors and omission (E&O) insurance. Some find the cost of malpractice insurance onerous while others believe they are not at risk of being sued because they…