E&O for Agent with Felony Conviction

Discussion in 'E&O - Errors and Omissions for Insurance Agents' started by roachpalace, Jul 7, 2017.

  1. roachpalace
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    roachpalace New Member

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    I am currently a FE agent and writing for several carriers. I am trying to add a new carrier that requires me to have E & O insurance. I have been unable to find an E & O carrier that will accept me.

    Does anyone have experience with this?
    Where can I get E & O?

    My charge is not finance or fraud related and i did not have much trouble getting my life license.
     
  2. b61mack
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    b61mack Well-Known Member

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    check out NAPA they advertise on the forum...
     
  3. roachpalace
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    roachpalace New Member

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    Thank you, but they have already denied me...
     
  4. Mike Siegal
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    Mike Siegal Well-Known Member

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    Have you tried "Hiscox?"
    What state are you in?
     
  5. Gulfman
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    Gulfman Well-Known Member

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    Did they initially deny you online?

    OR after you submitted your payment, did they call later to say "we can't write you?

    I know they have a felony question but not sure if that's grounds for automatic denial.
     
  6. paul43
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    paul43 Well-Known Member

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    I have a felony conviction from way back (nothing to with insurance or fraud) and I check the block on Applications that that asks (did you ever commit a felony)and I have a extra sheet that I attach to the Application stating what the felony was about and that I have applied for a pardon) I have never been turned down. What they are looking for is agents in the Insurance business that has a felony related to Insurance.
    I think that extra sheet of paper I attach does the trick because it tells them that it was some other kind of felony and also it is written on the papers I received at the end of the trial from the secretary with their Letterhead on it.:GEEK:

    I use NAPA for my E & O. :GEEK:

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    Last edited: Jul 8, 2017
  7. roachpalace
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    roachpalace New Member

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    My resident state is KY, I will try hiscox and follow up.

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    I sent payment to NAPA and they said they couldn't write me and I couldn't appeal.

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    I submitted court documents to NAPA with my application. They denied me and said I could not appeal. I am going to try Hiscox
     
  8. VolAgent
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    VolAgent Well-Known Member

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    You should try the forum sponsor too, eoforless.com. You may also have to look at the surplus market for E&O as well.
     
  9. johndf
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    johndf Well-Known Member

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    Call Gallagher MGA, they my be able to help you. I use Joe Peters.
     
  10. Tim Resnick
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    Tim Resnick Active Member

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    Well...my opinion is "the state licensed this man" and now EO is a problem. Obviously if the state issued him a license, they checked him out, his crime (whatever it was) wasn't related to financial white collar issues or involved stealing $. (my guess is probably DUI or some BS related to domestic violence).

    The law is heavy handed these days and in many cases "unfair;" You can get in Big trouble real fast if you are in the wrong place at the wrong time (sigh).

    Best of luck to OP in getting EO. I think Hiscox will write you....
     

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