https://completemarkets.com/Article/article-post/2546/Employment-Practices-Liability-Insurance-Occurrence-Forms-versus-Claims-Made-Forms/
... that excludes intentional acts is highly undesirable; such exclusions eviscer...t coverage available. Pricing remains highly competitive, and high limits of Liability are available for most insureds....
https://completemarkets.com/Article/article-post/1261/A-CREATIVE-WAY-TO-SELL-UMBRELLAS/
A Creative Way To Sell "Umbrellas"
A CREATIVE WAY TO SELL 'UMBRELLAS' IMMS Member Wayne Smart of Fry, J...en able to offer this much Personal Liability coverage (good 24 hours a day, a...
https://completemarkets.com/Article/article-post/2457/E-O-And-The-Hard-Market/
...he insured that the carrier is not highly regulated (if at all), that there’s ...overage reductions, lower limits, and higher deductibles, expect E&O claim...
https://completemarkets.com/Article/article-post/1157/Gaps-In-Commercial-Lines-Coverages/
...ersonal Injury
3. Million-Dollar Umbrella Liability
If you have any questions, please ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2457/E-O-And-The-Hard-Market/
... an E&S carrier. Although not admitted, E&S carriers might have to be approved' by your Department of Insurance. Some risks might not be placed in an E&S market. Make sure you advise the insured that the carrier is not highly regulated (if at all), that there's no guaranty fund protection (except NJ), and that the account might not be subject to such statutory protections as cancellation notices. It's absolutely essential that you require any E&S insured — without exception — ... Categories Popular Recent All Back E&O And The Hard Market 5/24/2013 12:00:00 AM by CompleteMarkets Editor , Bill Wilson This content has not been rated yet. In a hard market, E&O claims have a tendency to rise in both frequency and severity due to increased workloads, reduced coverages, and other factors. This document by Bill Wilson focuses on some special E&O considerations that merit attention in a hard market. Although the focus in a hard market is often on retaining ... It's critical to advise your insured of any coverage reductions before renewal. The same holds true if the carrier will only renew at lower limits and/or increased deductible amounts. Recently, an agent quoted a $90,000 premium for a $5 million Commercial Umbrella policy. The expiring Umbrella's limit was $25 million at a premium of $69,000 — 80% less coverage for 50% more premium. Coverage changes requested by insureds. Be wary of requests to eliminate or reduce such coverages as Uninsured Motorist or ...
https://completemarkets.com/Article/article-post/943/MANAGING-TO-AVOID-ERRORS-OMISSIONS-PROBLEM/
...can become so fearful of losing a high-volume producer that they will raise t...t to finance their premiums Umbrella carriers won’t accept their...
https://completemarkets.com/Article/article-post/1533/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-4/
...that might have been obtained at a higher premium (such as not covering higher replacement costs), these facts shou...e examined, including CGL policies, umbrella and excess policies, and even wor...
https://completemarkets.com/Article/article-post/2156/E-O-LEGAL-ACTIONS-THE-AGENCY-NEMESIS/
...elling upscale formal gowns to the high school seniors who were graduating wit...agency's policy to offer Commercial Umbrellas to each account, then the audit ...