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errors and omissions |
Also found in: Acronyms | 0.01 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Also known as errors and omissions insurance, the product protects when an action, or failure to take action, results in financial damage to a client. Today's litigious environment brings real estate agents face to face with increased risk that they will face claims of errors and omissions (E&O). Adam Grosz has joined the Los Angeles office of Marsh Risk & Insurance Services as vice president in its financial and professional practice, responsible for marketing, placement and servicing of directors and officers, fiduciary liability, employment practice liability insurance, commercial crime and errors and omissions coverage. |
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