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  2. Do I Need Errors and Omissions (E&O) Insurance? - AOL

    www.aol.com/finance/errors-omissions-e-o...

    Errors and omissions (E&O) insurance protects businesses from claims of negligence or inadequate work, serving as a critical safeguard for individuals and businesses in various industries.

  3. Professional liability insurance - Wikipedia

    en.wikipedia.org/wiki/Professional_liability...

    Errors and omissions (E&O) insurance, which may exclude negligent acts other than errors and omissions ("mistakes"), is most often used by consultants and brokers and agents of various sorts, including notaries public, real estate brokers, insurance agents themselves, appraisers, management consultants and information technology service providers (there are specific E&O policies for software ...

  4. Omission (law) - Wikipedia

    en.wikipedia.org/wiki/Omission_(law)

    In law, an omission is a failure to act, which generally attracts different legal consequences from positive conduct. In the criminal law , an omission will constitute an actus reus and give rise to liability only when the law imposes a duty to act and the defendant is in breach of that duty.

  5. Gross negligence - Wikipedia

    en.wikipedia.org/wiki/Gross_negligence

    Gross negligence is the "lack of slight diligence or care" or "a conscious, voluntary act or omission in reckless disregard of a legal duty and of the consequences to another party." [ 1 ] In some jurisdictions a person injured as a result of gross negligence may be able to recover punitive damages from the person who caused the injury or loss.

  6. Commercial general liability insurance - Wikipedia

    en.wikipedia.org/wiki/Commercial_general...

    Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.

  7. When and how to fight a denied homeowners insurance claim - AOL

    www.aol.com/finance/fight-denied-homeowners...

    Term. Meaning. Appraisal. An appraisal is a detailed assessment of either the property or property damage. An appraisal is written by an adjuster to estimate the amount of damage from a loss.

  8. Professional Negligence vs. Breach of Fiduciary Duty in ... - AOL

    www.aol.com/news/professional-negligence-vs...

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  9. United States tort law - Wikipedia

    en.wikipedia.org/wiki/United_States_tort_law

    That is, but for the tortfeasor's act or omission, the damages to the plaintiff would not have been incurred, and the damages were a reasonably foreseeable consequence of the tortious conduct. Some jurisdictions recognize one or more designations less than actual intentional wrongdoing, but more egregious than mere negligence, such as "wanton ...

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