Professional Liability coverage for the Agents of Farmers Insurance Group, Inc.
The United Farmers Agents Association has introduced a group professional liability program exclusively for agents of Farmers Group Inc.
The program offers enrollment on a monthly basis with pro-rated cost to all qualified agents in 29 states until Sept. 1, 2009, for the coverage period ending Jan. 1, 2010. Coverage for the 2010-2011 year will be offered after Sept. 1, 2009.
Coverage is written through an A XV A.M. Best rated carrier and marketed through Kevin Dahlke Insurance Brokerage.
Coverage provided includes:
• Coverage limits of $1 million to $5 million per occurrence and aggregate;
• Unlimited defense costs outside of policy limits;
• Deductible of $2,500 per wrongful act and aggregate that applies to damages only and may be waived at no cost by compliance with the waiver of deductible endorsement;
• Retroactive coverage is provided to the agent’s appointment date with Farmers Group Inc. if uninterrupted coverage has been maintained; and
• Coverage applies to both Farmers and non-Farmers coverage placements by the insured agent .
The online application, qualification requirements and coverage information are available at
http://www.groupeando.com/farmersagents-errors-and-omissions-insurance-coverage-program.php.
Source: Kevin Dahlke Insurance Brokerage,
http://www.dahlkeinsurance.com/


Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case


