Nuts & Bolts: Philadelphia Ins. Cos. is providing accountants with a professional liability policy. Their underwriting flexibility enables them to address the unique exposures that confront accountants. These policies are written to protect firms, employees, assets and reputations, and to provide coverage to firms with up to 75 professionals. Also covered are services performed by any insured as a notary public, trustee, receiver, executor, or in connection with the American Institute of Certified Public Accountants or any state society of public accountants.
Dollars: Policy limits are available up to $10 million. Minimum retention: $1,000. Minimum premium for CPAs is $600.
Carrier: Philadelphia Indemnity Ins., rated “A+,” admitted.
States Available: All except Louisiana.
Contact: Marketing Department, (800) 873-4552 or phlysales@phlyins.com
Was this article valuable?
Here are more articles you may enjoy.
Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups 
Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says 
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup From This Issue
