Insurance Agents E&O News

First Capital, Hudson Insurance Group Launch Insurance Services PL Facility

First Capital-AWIS, LLC (First Capital) and Hudson Insurance Group (Hudson) have introduced a new insurance services professional liability primary and excess facility underwritten by Hudson and administered exclusively by First Capital. The facility offers a range of insurance services classes, …

Identifying and Mitigating Agent E&O Exposures in the High-Net Worth Segment

As the Internet continues to take hold over the independent insurance agent’s market share, the value-added services a broker can provide to their clients are more important than ever, especially in the high-net worth space. Being an advisor, and not …

Rockwood Decreases Agent E&O Rates in Massachusetts, California, Texas

Rockwood Programs has implemented underwriting guideline changes to its P&C Agents E&O program. The modifications will result in a rate decrease in the states of California, Massachusetts, Nevada, and Texas. The exact amount of the decrease will be dependent on …

MarketScout, Ironshore Launch E&O Program for CIC Insurance Agencies

MarketScout has developed a new errors & omissions facility designed specifically for Certified Insurance Counselors (CIC) to be offered through its relationship with Ironshore Inc., a global specialty insurance company. The new facility will also work in cooperation with The …

American Resources Insurance Co. Expands Rockwood Partnership

American Resources Insurance Company (ARIC) has broadened its partnership arrangement with Rockwood Programs. The new relationship provides ARIC’s producer network with access to an array of management and professional liability products, including insurance agent’s errors & omissions (E&O). “By expanding …

New Features Added to General Star Insurance Agents Program

General Star has made a number of enhancements to its insurance agents errors & omissions program. Distributed on an exclusive basis by program administrator All Risks, Ltd., the coverage continues to be written by General Star Indemnity Co. or General …

All Risks, General Star Enhance Insurance Agents E&O Program

All Risks, Ltd. has enhanced its exclusive insurance agents errors & omissions  program through General Star Management Co.  Specialized coverage now features additional insolvency options, revised rates, no minimum earned and a more flexible submission process.  The program can accommodate …

Hard Market Generates New E&O Challenges for Insurance Agents

The soft market has made the job of insurance agents very difficult the last few years. Competition has been extremely fierce, and premiums so low that agents have had to fight for business and write more accounts just to maintain …

Professional Underwriting Group Provides Insolvency Carve Back

The Professional Underwriting Group, Inc. (PUG) will now provide insurance agents and brokers professional liability insurance for insurers earning a rating of “A” or better from Demotech. The insurance offering includes coverage for insolvency to the producer when the market …