With that being said, why in hell even HAVE E&O?  Why incorporate?  What you've just said is "If someone wants to sue you for making a mistake, they will.  And take your house and everything you own."

And why haven't I been able to collect the nearly $100,000 owed to me by disreputable title companies who went under and left me hanging?  One wiki note about tort says:

"A contractual liability is created when two or more parties promise certain things to each other. A person may engage someone to clean their house in exchange for an agreed amount of money. If either party defaults on the agreement, that is breach of contract and legal remedies are available to the 'injured' party."

Well, there was certainly a contractual liability in place, and yet two different lawyers have gone after two different companies for me and they both say the same thing: they're protected by the corporation and I have no way to get to their personal assets.

I really need to retire.