Insurance Journal Forums

Few years back one of my employee may have issued certificate of liability insurance on a cancelled workers com policy. Few months later insured had a claim which was obviously denied by the insurance company. Now the insured is using those certificates aginst me even though he was informed via fax ( I have the confirmation on file) that his insurance was cancelled.

Can somebody please tell me what is the legal value of those certificates.?
MFP

Perhaps you thought you were in the Lawyers Forum?

As a professional insurance agent, I do not believe I have a license to practice law!

You have no choice at this point. Notify your E & O carrier at once. And Let them advise you. The way E & O apps are worded requires you to notify them of any incident that might result in a claim.

mccluney is right. Notify your E & O carrier immediately.

By the way, what was the reason(s) for cancellation? Hope you didn't cross out any wording or made modifications on the certificate.

I agree that you need to get your E&O carrier on board right away. You need to get every scrap of paper & electronic media available for them. I would also suggest you put into place a policy for verifying coverage prior to issuing certs so at least when your carrier asks what you've done to make sure this never happens again you have an answer.