Those of us with accounts renewing this week with Fireman’s Fund are not recieving binders & invoices, etc becuase Fireman’s Fund is in such disarray due to the buy out from Philadelphia. I can’t even get a new policy number on a 11/19/2004 renewal. What a mess!
Fireman’s Fund exiting the non profit D&O Market willnot hurt. There are a wide array of players in this arena including USLI, Great American, AIG, Crum & Forster, CNA, RLI and many others. As a wholesale broker I have multiple markets for any non proift account
I would have to agree with Mr. Higgins (no relation)- there are many fine D&O markets that write this coverage. It’s also always good to check the financial rating of any company you are working with to make sure there have not been any recent ratings downgrades by the Insurance financial rating companies such as A.M. Best.
Greg you’re right. Lot’s of carriers still around. This is actually a good thing. I feel Philadelphia has a better product than Fireman’s Fund and better pricing structure.
Those of us with accounts renewing this week with Fireman’s Fund are not recieving binders & invoices, etc becuase Fireman’s Fund is in such disarray due to the buy out from Philadelphia. I can’t even get a new policy number on a 11/19/2004 renewal. What a mess!
That’s all we need. Fewer D & O markets to choose from.
St. Paul/Travelers writes Not-for-profit D&O Liability
Fireman’s Fund exiting the non profit D&O Market willnot hurt. There are a wide array of players in this arena including USLI, Great American, AIG, Crum & Forster, CNA, RLI and many others. As a wholesale broker I have multiple markets for any non proift account
I would have to agree with Mr. Higgins (no relation)- there are many fine D&O markets that write this coverage. It’s also always good to check the financial rating of any company you are working with to make sure there have not been any recent ratings downgrades by the Insurance financial rating companies such as A.M. Best.
Greg you’re right. Lot’s of carriers still around. This is actually a good thing. I feel Philadelphia has a better product than Fireman’s Fund and better pricing structure.