Victoria Dearing, Sr Broker, SVP, Professional Liability recently authored a whitepaper on why it is important to protect your insured (and yourself) through the purchase of an extended reporting period (ERP). Suits and claims against insurance brokers for not advising their clients to purchase an extended reporting period (“ERP”) have become commonplace. Historically, tail coverage was inexpensive and was for an unlimited period of time. Driven by losses, the price for tail coverage increased and the length of the time available for purchase has become limited. Click here to read the white paper.