Unfortunately a lot of insured’s could be paying their allocated amount for the claims of others. And will find out their RGG policy wasn’t such a bargain after all.
I sure hope the producers explained to their client how a risk retention group operates and the risk to each insured if the RGG company fails.
I sure hope these producers E&O cover RGG’s as many agents E&O policies don’t.
Unfortunately a lot of insured’s could be paying their allocated amount for the claims of others. These insured’s will find out these policies were not such a bargain after all.
I sure hope the producers that placed business with this RGG have an E&O policy that cover risk retention groups; as many agents E&O don’t.
Unfortunately a lot of insured’s could be paying their allocated amount for the claims of others. And will find out their RGG policy wasn’t such a bargain after all.
I sure hope the producers explained to their client how a risk retention group operates and the risk to each insured if the RGG company fails.
I sure hope these producers E&O cover RGG’s as many agents E&O policies don’t.
Unfortunately a lot of insured’s could be paying their allocated amount for the claims of others. These insured’s will find out these policies were not such a bargain after all.
I sure hope the producers that placed business with this RGG have an E&O policy that cover risk retention groups; as many agents E&O don’t.