Had E&O claim filed in 10/08 because Ins. Co. denied claim for mortgage disability payment, as the insured's own Dr. would not certify him disabled. My E&O carrier's attorney advised me to take a $5,000 settlement to be released from suit. (2,500 ded for me and E&O carrier 2,500) I did, but was not told I would be non-renewed by E&O carrier. Now the only coverage I can obtain is around $5,000 a year. Does any know where I can get coverage more reasonable ? This is the only claim in 25 years as an agent.
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Cal Surance.
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Cal Surance.
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