I work in Rhode Island and licenses for abstractors is not required.  E & O insurance is also not required here.  Attorneys are required to carry E & O insurance and some of the local attorney's insurance is extended to cover their independent examiners.  One of my national clients tells me that their E & O insurance covers their abstractors.  I did an informal poll of the expierenced abstractors that I know and none of them carry E & O insurance.  
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