Cyberattacks and wire fraud are on the rise in the real estate industry. According to a 2022 survey by the American Land Title Association, 86% of respondents said the volume of cyberattacks either increased or remained the same in 2021 when compared to 2020.
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Title Agents Errors & Omission (E&O) insurance protects the title agent’s business against baseless and legitimate claims. Commercial General Liability insurance is not enough. An E&O policy covers many of the items that a CGL policy does not, such as performance disputes, errors, and other liability issues.
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Each year, your law firm clients pay a premium for professional liability coverage. And many of those clients may remain claim free year after year. Are they entitled to a reward for good behavior?
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Professional liability coverage can protect your client attorneys and their firm from costly malpractice claims.
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