Mississippi Online Enrollment forJuly 1, 2013 - July 1,
2014 Policy Period NOW AVAILABLE!
Click the "Enroll or Renew" Button on the left for more
information.
Mississippi
Overview
Mississippi Real Estate Errors & Omissions
Independent Program
Rice Insurance Services Company, LLC
(RISC) is pleased to offer independent error and omission (E&O) coverage to
Mississippi real estate licensees. Mississippi law requires all
active real estate licensees to maintain E&O insurance for all licensed
activities. Firm licensees are not required to carry a separate
policy but may opt to purchase one. RISC's policy meets all applicable
requirements and we will submit proof of coverage to the MREC once you
enroll and submit payment.
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.) for
the Mississippi program. The management team of RISC specializes in
handling programs for licensees since 2004. RISC is located at 4211
Norbourne Boulevard, Louisville, KY 40207-4048.
The program is designed exclusively to
provide professional liability insurance for Mississippi 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.
* CNA
is a servicemark and tradename registered with the US Patent and Trademark
Office. The program referenced herein is underwritten by Continental
Casualty Company, one of the CNA insurance companies. This information
is for illustrative purposes only and is not a contract. It is
intended to provide a general overview of the products and services offered.
Only the policy can provide the actual terms, coverages, amounts, conditions
and exclusions. This program is only available in Mississippi.
©2011.
|