Are my Independent Contractors covered?

This is one of the most common questions I am asked when preparing quotes for E&O insurance. My answer is always the same: “we must look at the policy form to see how your carrier covers ICs.” More often than not, E&O insurance coverage is usually extended to the Independent...

Introducing the Title Industry Protector

Over the last twenty years we have seen many changes in the title E&O marketplace. As an independent insurance broker, we have worked with many different carriers to find the best product for our clients. As companies entered and exited the market, we found different nuances in policy forms that...

Claims-Made Policies

Some recent inquiries have made us aware that it may be time to review the nuances of claims-made policy forms once again. Here is how Occurrence Policies respond to claims, as opposed to how claims-made policies respond. It is important to understand the differences. Occurrence Policies This is the insurance coverage form with which most people are familiar. Most Homeowner, Auto and Commercial General Liability policies are written on an “occurrence” basis. Coverage is triggered

Employment Practices Liability Insurance

What It Is Employment Practices Liability Insurance, also known as EPLI, provides protection to employers against claims made by employees for allegations such as discrimination, wrongful termination, harassment, and negligent violation of federal and state employment laws. Why You Need It
 The Equal Employment Opportunity Commission (EEOC) handles complaints and enforces the protections provided under Title VII of the Civil Rights Act of 1964.

Time Keeps Ticking

Could this happen to you? Most would say, no, but it happened to one of our more experienced clients, and it wasn’t discovered until years had passed. A closing took place in upstate NY in 1999. During the transaction it was noted that in addition to a mortgage, there was a home equity loan that had been taken out on the home being sold. At the closing it was shown that the home equity loan had been paid off, and a zero balance was due to this secondary lender.