Rockwood Programs Lowers P/C Agency E&O Minimum Premiums

Rockwood Programs, Inc. says it has reduced the minimum premiums for its Property/Casualty Agents Errors & Omissions (E&O) product.

Premiums now start at $1,250 for agents generating less than $100,000 in commissions annually. The rating change is available on all new business and renewal accounts written after Oct. 15, 2009.

The Rockwood Insurance Agents E&O programs offer professional liability coverage for both life/accident/health as well as property/casualty agents. Limits of up to $1 million per claim and $2 million in the aggregate are available. There are several different deductible options as well. Both programs are placed through underwriters at Lloyd’s.