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  2. Do I Need Errors and Omissions (E&O) Insurance? - AOL

    www.aol.com/errors-omissions-e-o-insurance...

    Errors and omissions (E&O) insurance protects businesses from claims of negligence or inadequate work, serving as a critical safeguard for individuals and businesses in various industries.

  3. Professional liability insurance - Wikipedia

    en.wikipedia.org/wiki/Professional_liability...

    Errors and omissions (E&O) insurance, which may exclude negligent acts other than errors and omissions ("mistakes"), is most often used by consultants and brokers and agents of various sorts, including notaries public, real estate brokers, insurance agents themselves, appraisers, management consultants and information technology service providers (there are specific E&O policies for software ...

  4. How Do I Know If I Need Errors and Omissions (E&O) Insurance?

    www.aol.com/know-errors-omissions-e-o-142224102.html

    The post Errors and Omissions (E&O) Insurance for RIAs and Advisors appeared first on SmartReads by SmartAsset. These lawsuits not only harm their reputation but can financially devastate their ...

  5. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

  6. Insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Insurance_in_the_United_States

    Insurance in the United States refers to the market for risk in the United States, the world's largest insurance market by premium volume. [1] According to Swiss Re, of the $6.782 trillion of global direct premiums written worldwide in 2022, $2.959 trillion (43.6%) were written in the United States.

  7. These states are increasing minimum coverage requirements in 2025

    www.aol.com/finance/states-increasing-minimum...

    Although car insurance was not a legal requirement before July 2024, those who did purchase a policy still had to meet the old minimum coverage requirements of 30/60/20. Beginning Jan. 1, 2025 ...

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