errors and omissions
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errors and omissions
n. short-hand for malpractice insurance which gives physicians, attorneys, architects, accountants and other professionals coverage for claims by patients and clients for alleged professional errors and omissions which amount to negligence.
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References in periodicals archive
AIP provides
errors and omissions insurance, crime insurance, cyber insurance and statutory surety bonds to title professionals.
NEA specializes in
errors and omissions insurance coverage for business professionals such as insurance agents, investment advisors, real estate agents, tax preparers and bookkeepers.
Errors and omissions insurance is the coverage that banks would turn to first in connection with the foreclosure litigation issue.
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