I’m not sure what E&O policy you are reading. E&O typically covers claims involving any carrier regardless of the rating of the underlying carrier. The only time the rating matters is if the carrier goes insolvent. Then calims related to the insolvency will be excluded unless the carrier had a certain rating (typically A- or B+) at the time of placement. Let me know if you need some assistance placing your E&O.
Chris,
I’m not sure what E&O policy you are reading. E&O typically covers claims involving any carrier regardless of the rating of the underlying carrier. The only time the rating matters is if the carrier goes insolvent. Then calims related to the insolvency will be excluded unless the carrier had a certain rating (typically A- or B+) at the time of placement. Let me know if you need some assistance placing your E&O.