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Reply to E&O that Covers C Rated Products     
Old 04-14-2014, 05:17 PM   #1
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Join Date: Dec 2011
Posts:67
State: khang.mis is an Insurance Agent from California
E&O that Covers C Rated Products E&O that Covers C Rated Products
It has come to my attention that Lloyd's does not cover any auto product I sell with an AM rating of C+ or lower. Considering that I have a huge nonstandard book with Affirmative and Access General, what E&O carrier would cover these C rated carriers?
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Old 04-23-2014, 12:38 PM   #2
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Join Date: Oct 2013
Posts:34
State: oldinsuranceguy is an Insurance Agent from Undisclosed Location
E&O that Covers C Rated Products Re: E&O that Covers C Rated Products
E&O insurance policies typically have an exclusion related to the insolvency of carriers rated less than a specified rating, such as B+. This means that you would be covered under most E&O policies for claims in connection with policies placed with a C-rated carrier, but not if the claim is related to the insolvency of such carrier.

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  Reply With Quote to E&O that Covers C Rated Products
Old 09-09-2015, 12:46 AM   #3
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Join Date: Nov 2007
Posts:624
State: Soaringagent is an Insurance Agent from Undisclosed Location
E&O that Covers C Rated Products Re: E&O that Covers C Rated Products
Why do you write C rated carriers?
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Old 01-14-2016, 07:29 PM   #4
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Join Date: Jan 2016
Posts:6
State: EObroker is an Insurance Agent from
E&O that Covers C Rated Products Re: E&O that Covers C Rated Products
There are E&O carriers in the marketplace that will carve back the insolvency exclusion or remove it completely. Let me know if you need help. All the best! Ant
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