Directors & Officers Liability (D&O)

Directors & Officers Liability (D&O)

Insurance that provides coverage for members of boards of directors against “wrongful acts,” which might include actual or alleged errors, omissions, misleading statements, and neglect or breach of duty on the part of the board of directors. A type of...
Professional Liability

Professional Liability

Protects professionals against liability for damages and cost of defense based upon his/her alleged or real professional errors and omissions or mistakes, e.g., architects, engineers, medical malpractice, attorneys. Errors & Omissions 1) Insurance covering the...
Surety / Bonds / Fidelity

Surety / Bonds / Fidelity

A contract under which one party (the surety) guarantees the performance of certain obligations of a second party (the principal) to a third party (the obligee). For example, most construction contractors must provide the party for which they are performing operations...
Commercial General Liability (CGL)

Commercial General Liability (CGL)

Formerly known as Comprehensive General Liability otherwise known as business insurance, covers a wide range of Business Property and Liability Exposures. In my opinion, every business requires Commercial General Liability insurance. Usually we will hear from new...