RISC Rice Insurance Services Company, LLC
Specializing in Mandated Real Estate Errors & Omissions Insurance
We put the Experience and Options in E&O programs  


Enroll or Renew

Sample Policy '14

Optional Coverages '14

Brochure '14


Extended Reporting

Excess Coverage

Contact Us

Click to download a free copy of Adobe Acrobat Reader


Under Agreement
with the
Iowa Real Estate Commission

All active Iowa real estate brokers and salespersons are required to carry errors and omissions insurance as a condition of licensure. The Iowa Real Estate Commission has contracted with Rice Insurance Services Company, LLC (RISC) to administer the group Errors & Omissions (E&O) insurance program for Iowa licensees. Continental Casualty Company, one of the CNA insurance companies, is the insurance carrier for the E&O program. The CNA insurance group is one of the largest writers of commercial property casualty insurance in the United States and is rated "A (Excellent)" by A.M. Best.

RISC provides all servicing (claims handling, policy issuance, marketing mailings, customer service, etc.) of the Iowa account. The management team of RISC specializes in handling group programs for states with mandatory real estate E&O insurance requirements and has been servicing the Iowa group program since 1995. RISC is located at 4211 Norbourne Boulevard, Louisville, Kentucky 40207-4048.

This program is designed exclusively to provide professional liability insurance for Iowa Real Estate Licensees. Even the most careful professional cannot always prevent the filing of a frivolous lawsuit nor can he/she preclude making an honest mistake. Under this program, the insurance carrier has the responsibility of defending, as well as paying a settlement or judgment on covered claims, up to the limits of liability.