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Errors and Omissions Insurance

Mistakes happen! A business's survival depends not only on how well it handles success but also on how it negotiates mistakes. What if during the audit of a Phase I or II investigation, your consultant was unable to detect a contaminant? What if the design of the remediation is faulty or missed a vital area? "It is vital that organizations consider the worst case scenarios before a project’s beginning and create contingencies," recommends James McAluney. Property owners, environmental laboratories and consultants often use Errors and Omissions Insurance to offset omissions, errors and acts that could jeopardize their business. As a member of the Hawaii Association of Environmental Professionals, Jim McAluney understands the advantages of Errors and Omissions Insurance.