errors and omissions insurance

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er·rors and o·mis·sions in·sur·ance

(ĕr'ŏrz ō-mish'ŭnz in-shŭr'ăns)
Professional liability insurance for medical transcriptionists.
References in periodicals archive ?
Market experts said the share of net errors and omissions in the balance of payments data has stirred debates over the origins of this money in recent years.
Outside of the top banks--Bank of America, JPMorgan Chase, Citibank and Wells Fargo, the next tier, however, often does have errors and omissions coverage, and B-side and C-side insurance coverage for directors and officers, he said.
The best defense to protect against malpractice claims is to implement proper risk management practices, stay abreast of legal developments, and purchase errors and omissions coverage.
She said she believed her mother's two falls at the hospital were the result of "errors and omissions" and went on: "I believe this caused her deterioration and death".
The proposed bill would exact penalties of 50 percent of the amount of the corporate tax understatement from corporate employees for simple errors and omissions shown on their employers' income and excise tax returns.
David Dooley shows that in the United States renewal and revision are about to move forward now that errors and omissions have been identified.
This legal trend toward greater accountability of professional conduct and the ongoing consolidation of several industries, including financial services, make it incumbent upon risk managers to understand the issues concerning insurance coverage under professional liability or errors and omissions (E&O) policies.
The statistical discrepancy recorded for the international transactions account is the net errors and omissions in all the components.
(NSA) has acquired American Insurance Professionals (AIP), a nationwide insurance broker based in Phoenix, Arizona, specializing in title agents errors and omissions.
ySTANBUL (CyHAN)- Between $14-16 billion of unexplained money -- classified as "net errors and omissions" -- entered Turkey last year, according to Customs and Trade Minister Nurettin Canikli, who spoke to the HE-rriyet daily on Wednesday.
LIU is the first primary insurance carrier to offer capacity and coverage specifically tailored for this platform covering data privacy and technology errors and omissions risks in the cloud environment.