E&O Headquarters
Our E&O HQ provides insight, guidance, and resources enabling ethical business practices and claim avoidance. Stay on top of the latest news, trends, & compliance at our E&O Headquarters sponsored by National Ethics Association. For more resources visit our sponsor’s Consumer Hub & Ethics Center pages.
Click and Bind: The Quickest Way for Life Insurance Agents to Obtain E&O Insurance
Finding new clients and servicing your existing client base is more than a full-time job. Which means the last thing you want to do is spend time you don’t have on tasks you no longer need to handle. Case in point: buying E&O insurance offline. If you’ve bought errors and omissions insurance the old-fashioned way—that […]
Seven Ways to Avoid E&O Insurance Surprises
When it comes to E&O insurance, surprises are the last thing you need. For example, if a client begins to threaten you with a lawsuit, you want to know your E&O insurer will stand behind you, not that there isn’t enough coverage left in the policy to protect you. Similarly, there are many nuances in […]
Tax Cheater, Premium Scofflaw, Annuity Churner
Rogue Advisors on Parade A Dover, Massachusetts life broker is going to jail for filing fraudulent tax returns. The broker, Anthony J. May, 62, was sentenced to eight months in prison and a year of supervised release after being convicted for failing to disclose commissions and other income on his federal tax returns. May owned […]
Is Your Broker-Dealer, RIA, or FMO as Compliant as You?
As a financial professional, you understand why it’s important to maintain a clean compliance record. Without one, it’s hard to grow your business from among today’s skeptical prospects. But do you also know why it’s equally crucial for all of your intermediary firms to be as committed to compliance as you are? Unless your broker-dealer, […]