Liberty Mutual Enhances Insurance Agents Errors & Omissions Program

BOSTON, Massachusetts, Nov. 26 -- Liberty Mutual Group issued the following news release:

To better protect insurance agents, Liberty Mutual has strengthened its Agents Errors & Omissions Program, significantly enhancing, clarifying and revising key forms and endorsements.

"We've made a great product even better," notes Todd Stevenson, Underwriting Manager, National Insurance Specialty Programs, Liberty Mutual. "We've broadened key coverages, including a change from claims-made and reported to a pure claims-made policy form, clarified and simplified policy language, and expanded important endorsements. These enhancements are coupled with our experienced claims staff, dedicated claims advice line, 35+ years in the marketplace and competitive pricing."

New coverage provisions include:

* Pure claims-made form

* Enhanced reducing and waiver of deductible provisions

* Increased supplemental payments provision for loss of earnings and regulatory defense

* Enhanced settlement provision

* Data compromise included with increased sub-limits

* Broadened coverage for carrier insolvency

For inquiries or further information contact [email protected] and a program representative will respond.

Liberty Mutual's Insurance Agents Errors & Omissions Program - which is written on admitted paper - is available nationally, except in Alabama, Alaska, the District of Columbia, Florida, Hawaii, Louisiana, Mississippi, New Mexico, New York and West Virginia.