Originally Posted By: Michael Napadow
This post was automatically imported from our archived forum.
We have been advised to post an explanation of misinformation about our company that has been circulating.
Nations Hazard Insurance is a member of a Lloyds group of companies that is empowered to write E & O, GL and Legal Defense insurance to the Home Inspection Industry.
We offer “standard” policies that are payable by the month or annually. We also offer a policy entitled “Pay-as-you-go”, which allows single inspections to be covered by faxing in Per-Inspection certificates. It is a very good policy for the new or part-time inspectors who are growing their company.
A situation in the State of Washington has caused us some turmoil. The member insurance company that was registered to write in Washington decided that the state was too much trouble. Unfortunately, the information was slow in reaching us. We wrote two(2) policies in the state and because of the requirement of all inspectors to file with Washington’s Pesticide Management Division, the producer was flagged as non-compliant. We tried to correct the situation at the time, but a zealous investigator blew the problem out of proportion. The bottom line is that we have a hearing in Illinois (Our home state) on September 10th to explain the circumstances and hopefully resolve the problem. I will post follow-up information as we receive it.
I hope this posting explains our situation.
Michael F. Napadow
Nations Hazard Insurance
129 Canterfield Parkway West
West Dundee, Illinois 60118-9004