Nuts & Bolts: Philadelphia Insurance Companies is now offering accountants a professional liability policy that addresses the unique exposures that confront accountants’ everyday, as well as some first party benefits not available anywhere else in the marketplace. This policy provides coverage to firms with up to 75 professionals. Policy limits are available up to $5 million per claim. Also covered are services performed by any insured as a notary public, trustee, receiver, executor, or in connection with the American Institute of Certified Public Accountants or any state society of public accountants.
Dollars: Policy limits are available up to $5 million per claim. Retentions vary. Minimum retention is $1,000. Minimum premium is $600.
Carrier: Philadelphia Insurance Cos. rated “A+” (superior) by A.M. Best, admitted.
States Available: All except Louisiana.
Contact: (800) 873-4552 or phlysales@phlyinf.com
Was this article valuable?
Here are more articles you may enjoy.
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds From This Issue
