Professional Liability Ins via Wesco

According to the Texas Department of Insurance, Wesco Insurance Company is still in business.  It is a subsidiary of AmTrust Financial Group. Wesco Insurance Agency is an insurance brokerage firm that offers various insurance products, including professional liability insurance. Professional liability insurance, also known as errors and omissions (E&O) insurance, is designed to protect professionals against lawsuits alleging negligence or errors in their professional services. This type of insurance is particularly important for professionals in fields such as medicine, law, accounting, and consulting, where mistakes or omissions could result in significant financial loss or harm to clients. Wesco offers professional liability insurance for a variety of professions, including architects, engineers, lawyers, and healthcare providers. Their policies can be tailored to meet the specific needs of each profession, and can provide coverage for a range of risks, such as:

• Claims arising from errors or omissions in professional services
• Claims for breach of contract or breach of fiduciary duty
• Claims for negligence or malpractice
• Defense costs for covered claims

It's important to note that professional liability insurance is typically not included in a standard business insurance policy, so it's important to consider purchasing this coverage separately if you are a professional who provides services to clients.