When placing professional liability, don't be the one to make the "error or omission" by Curtis M. Pearsall, CPCU, AIAF, CPIA
President – Pearsall Associates, Inc., and
Special Consultant to the Utica National Agents E&O Program
As producers look to place coverage for their clients, there is a good chance that professional liability could be one of the exposures needing attention. When most agency sales staff think of professional liability (a/k/a errors and omissions), the following classes of professional business come to mind: travel agents, real estate agents, lawyers, medical professionals, accountants and others. While these the more common, there are over 100 additional professional occupations including appraisers, engineers, pharmacists, court reporters, funeral directors, speech pathologists, consultants, therapists and teachers that have a professional liability exposure....