While the recession might be officially over, one thing's for sure: its effects aren't going to disappear overnight. With ample capacity and the insurance market soft, many agencies and producers are still deeply feeling the pinch and will for years to come. Indeed, doing more with less has become the new normal.

As agencies work hard to keep their heads above water while seeking new avenues of growth, they've likely created a whole host of unintended exposures for E&O claims–from downsizing to diversifying, outsourcing through independent contractors to expanding across state lines, marketing services to engaging in mergers and acquisitions or clustering. Now that the dust has settled a little on the economic crisis, it's time to make doubly sure your house is in order. Here are six areas to consider.

1 Diversifying

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