We’re In This Together
The cost of insuring our CAT-exposed state continues to rise, for everyone. And while it may be hard to find the silver lining, there is one. It’s driving us to create innovative new options, like our E&S Home Program, with the flexibility to respond quickly to everchanging market conditions. It’s our future and it’s a bright one.
But at the present moment, we need your help. We ask for your patience and understanding as we make the following adjustments to your commission:
Admitted Home Program
- 12% for New business when the program reopens. Currently closed for new business – read the bulletin.
- 9% for Renewal business, starting with renewals effective 9/20/21.
E&S Home Program
- Remains 10% for New business. No changes.
- 9% for Renewal business, starting with renewals effective 9/20/21.
There are no commission changes to our E&S Commercial Program in Florida.
We know it’s a pay cut. Please understand we have taken one too. But we won’t cut corners when it comes to reinsurance and ensuring our products are financially sound. As your partner, we’re asking you to stick with us as we tackle the daily challenges our industry throws our way. We promise it will be worth it.
If you have any questions, please contact your marketing rep directly. Thank you for your partnership and understanding.