Exactly, Sacman. Each SMA should have a list of carriers that they can send agencies to. Also, SIAA has a designated Strategic Partner specifically for helping their agents place their E&O.

Some carriers do have issues with clusters, but a few don't. There are some E&O carriers that understand cluster groups and will automaticly add your Master agency as an additional insured at no cost.

Being in the Agent's E & O business, I can tell you that getting your insureds to sign the apps and getting a "sign-off" on any changes and new endorsements/exclusions can help you and your E & O carrier fend off questionable claims. The insureds will have a harder time proving tha...

Typical E & O premiums are running in the $2,500 - $4,000 range for a $1m/$1m limit for most small insurance agents these days, so your premium looks good!

The reason you are paying so much is because you are located in a Treble law state, New York. Im in Cali and also pay a good amount. I can tell you if either one of us moved to a different state the premium would almost be cut in half. jtabosida, you are absolutely correct regarding being in a diff...

darnovak, these days most carriers rate on GWP or commissions, with debits and credits given for the various management and organizational factors. I only know of one company still basing their rates on employee count (Utica). I don't log onto this site daily so i ddon't get a chance to read these. ...

Brownlee, Logan and everyone else looking for E & O. Modern Ins is a E & O and D & O broker specializing in Agent's E & O. We have two markets writing new agents and many markets for existing and hard to place agents. If you still need help obtaining coverage, visit our website at mo...

Modern Insurance Consultants has been offering E & O for new and inexperienced agencies since 1994. Call Mark Lann at 800.380.4642 or visit http://www.modernins.com for more info.

I have a Home health agency in Florida that needs WC. The payroll is just over $1.4M. Anyone who can help direct me to a market would be appreciated.

Mark

Harold,

Modern Insurance has 3 markets for Claims Adjusters / TPA's. Please contact me directly for more information. Mark Lann 800.380.4642 mlann@modernins.com