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Regardless of the quality of work, clients could potentially sue professional services firms, causing a fall in stock price, or reduction in equity. Learn how errors and omissions coverage can help safeguard against these lawsuits.
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This article was originally published by Risk & Insurance.
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Survey: Since the pandemic began, 66% of employers report increased use of mental health resources offered through their benefits plan, and 62% indicate a significant spike in claim costs
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As professional services liability mounts, consider these highly relevant risk management tools
Protect yourself: How errors and omissions coverage can safeguard against potential lawsuits for professional services firms.