E&O Forced Upon an Agent

[Neptune1]

I found this site by searching for E&O coverage. I learned that I could save $1500 per year and not become subjected to the firm's maximums. That is why a State such as NY says we can get our own coverage. Yet, even if CNA gives me the same or better coverage than my B/D most broker dealers I have learned are totallly disregarding the law and mandating we take their coverage!

 

[VolAgent]

Are you still complaining about that?

Either buy the E&O through your B/D or find another B/D.