California Business and commercial insurance trends as I see the California Insurance Market evolve from the perspective of a independent California commercial insurance broker. Industries I have clients in include non-profits, manufacturing, commercial property owners, technology and software to name a few. I'll be discussing the trends in California Workers Compensation, Property Insurance, E&O, Errors and omissions, Directors and officers, D&O, EPLI, and other coverages
Professional Liability Insurance coverage (e&o) is often a misunderstood insurance coverage, especially in niche industries. Take for example the professional liability insurance options in the financial sector and in particular foreclosure process. Unless you have extensive knowledge of the financial industry, how foreclosures are processed and who most of the liability lies with in these transaction you probably would not have any idea what a foreclosure trustee is or where they have liabilty exposures.
I have been working with foreclosure trustees for quite some time and our agency Arroyo Insurance Services has been selected as the affinity Partner of the United Trustee Association. We have special access to a program that provides extended coverages, reduced premiums and higher limits that anything else available in the marketplace.
If you are interested in receiving a quote feel free to contact me at (800) 401-6764 or at tim@socalinsurancebroker.com
