Off-Topic: So now we know where the Russian collusion was
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Name:
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MartiniMan
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Subject:
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So now we know where the Russian collusion was
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Date:
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9/28/2020 5:58:19 PM
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The big issue we have with E&O is that even if they agree to pay defense costs they always reserve the right to not pay a claim. Lot's of exclusions, etc. And our self-insured retention (i.e., deductible) is $25K per claim. Whether it was worth $150 per year would depend on the limitations, endorsements, exclusions and SIR. Still, it seems pretty reasonable and am surprised most govt employees don't have it.
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