Originally Posted By: Chris Butler This post was automatically imported from our archived forum.
Ladies and gentlemen,
this is NOT a Napadow thing.
It was a fraudulent company who has gone legitimate by having a “reputable” (and I use that word very loosely as they are very lowly rated by AM Best and a non-admitted carrier) buy their “book” of business.
Unfortunately, I have been asked not to share any more information as it is an ongoing investigation here in California and Nevada by the fraud investigation departments of both.
If you are a CREIA member, the individual involved presented this program to you during the last 2-4 months at your chapter meeting (as he visited all 33 chapters).
If you bought a policy from them contact the department of insurance for California at 916-322-5359.
In Nevada call Mary Jane at 775-687-4270 ext. 258
The company that “took” over the book also writes in Oregon and Arizona. So check if you had a policy through this company or the predecessor.
Originally Posted By: rpaul This post was automatically imported from our archived forum.
E&O insurance is I think neccessary but I think it is over priced and we as the inspectors are the ones who have to suffer. I am not sure if I trust any of them. We as inspectors have to pay an extraordianry amount of money for an insurance if you make 3 mistakes as what others call a mistake you are screwed anyways. You get dropped and no one else will touch you.
I think there should also be a cop on what these insurance companies can sharge anyone for anything. Health, car, and E&O etc. I personally think 3000 - 4000 dollars a year is crazy money! Almost as bad as Malpratrice insurances. I did not realise I was a doctor! OOPPS I guess I am because I do give a House a Physical! So charge me as doctor.