Insurance representatives who spoke at the CIFPs conference last week recommend that you need to open with your insurer to get all the possible help you may need
With claims against advisors on the rise, you need to ensure you obtain the proper E&O insurance for your practice by asking some key questions
Insurance regulator is not doing its job: Report
Court upholds insurer’s decision
Advisors should implement these best practices to avoid claims
The most common claims relate to a lack of due diligence by the advisor
A client is upset with an error you made, perceived or otherwise. What can you expect?
The risks of not carrying enough E&O insurance can be “astronomical,”
If you have errors and omissions insurance, you have taken a step in the right direction. Take a close look at your policy to make sure you have the coverage you need
Financial awards made to clients often cannot be paid