IBA Five Star

Office Hours:
6:00 AM to 6:00 PM (PST)
                
Anderson & Murison
  
An Independent
Property and Casualty
Wholesaler since 1965
     Anderson & Murison ....    
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For more information:
T: (800) 234-6977 Ext. 260
F: (323) 255-0957
Email Us At:
personalumbrella@amqts.com

CA License: 0323106

Important Personal Umbrella Developements:

Nationwide (Scottsdale/National Casualty) Exits Personal Umbrella:

Nationwide announced on September 14th that they are exiting personal umbrella business in all states. No new business after October 15th and no renewals after December 31st.

We'll Continue to give you solutions:

Our job as a wholesale underwriting agency is to offer you the best alternatives available. Despite limited markets, we will offer your clients a competitively priced alternative automatically through one of our A.M. Best "A+" rated markets. The alternative replacement quote will be emailed between 60-65 days prior to expiration.

State of the Market:

The California tort liability situation is causing a very restricted market for high limit auto and personal liability exposures. New developments such as private equity litigation financing are resulting in an increase frequency and severity of claims as as well as underwriting changes. Your clients need more protection, but the cost of that protection is increasing as the supply is decreasing.

James McCarthy

President

Need to talk to our underwriter?
Call (800) 234-6977 x260 (6am - 5pm Pacific Time)
or
Fax: (323) 255 0957 or Email: personalumbrella@amqts.com

© 2022 All rights reserved.

800 W. Colorado Blvd • Los Angeles, CA 90041 • California License #0L09546
This is a marketing notice only. Nothing contained hereon alters, modifies or changes the actual policy language as may be issued by an insurance carrier.