Lee & Mason Financial Services, Inc. has increased its limits for insurance agents’ errors and omissions coverage from $5 million to $10 million.
Insurance agents E&O coverage, with limits of up to $10 million, is available on either a primary or an excess basis, and minimum premiums generally start around $4,000 ($7,500 in Calif. and Texas). Coverage is available on an admitted basis in most states.
Lee & Mason partners with Freedom Specialty Insurance Co. for its agents E&O programs. Freedom Specialty is an A+XV rated New York-based specialty liability insurer. Lee & Mason operates as a full-service program administrator, handling underwriting, quoting and binding, policy issuance, premium collection and claim reporting.
Was this article valuable?
Here are more articles you may enjoy.
Iran in Talks With Oman Over Permanent Hormuz Toll System 
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower 
WTW Sues Former Yacht Team, Howden US Over Defection 
Safepoint Exec Pay, Slide’s Stock Sell-Offs Getting Attention in Florida 
