Topic archive

Insurance

Research and practical notes filed under this topic.

January 12, 2025

Surety Bonds and E&O Insurance for Collection Agencies

Surety bonds and errors and omissions (E&O) insurance serve different functions for a collection agency. A bond may be required by a state and can protect people harmed by a covered violation, while E&O coverage is a policy-specific commercial risk-transfer tool; neither replaces a working compliance program.

Read the analysis

January 12, 2025

Insurance Collections and Subrogation: A Practical Guide

Insurance receivables can involve unpaid premium balances, other amounts due under a policy, and recoveries pursued after a covered loss. This guide distinguishes routine collections from subrogation, outlines the federal consumer-debt rules that may apply, and explains why policy terms and state law matter.

Read the analysis