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Last Post 09/21/2017 4:24 PM by  mce1claims
E&O Coverage Excluding Named Storms
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09/21/2017 4:24 PM

    For the past year, I have maintained Liability and E&O coverage with Acceptance Indemnity Insurance Company.  The policy is marketed through AMIS, a surplus lines broker in CA.  The coverage meets the requirements of my customers and provides a reasonably priced package policy.   Unfortunately, those seeking similar coverage for CAT deployment situations may need to look elsewhere.

    Just prior to my renewal, I was advised that, in addition to the normal documents, I would have to sign an exclusion acknowledgement eliminating coverage for "any and all" operations involving named storms by the National Weather Service.    I'm wondering:  1) has anyone else has encountered this, and 2) what other options are available right now that would allow for involvement in CAT work?  

    Tags: E&O
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