I bought a Professional Liability policy from Marsh Affinity / Seabury & Smith, effective 10/07/06 for part time, <20 hrs/week, limits of $2Mill / $4Mill and paid $248.00 for one year's coverage. 

Because I'm home-based, they refused to write General Liability coverage. Not too long after that, USLCA announced a less expensive option. When renewal is due, I'll go to USLCA's company.

Wonder if Marsh has different proposals for IBCLCs of different education / training backgrounds?

The fact that Marsh sees an increasing liability risk may be a good argument to add to those working on licensure in their various states. We really need to know the reasoning behind this rate hike.

Or else they could just be ornery. Maybe they don't want to write LC coverage any more and the best way to stop it is to hike the premiums so much that we just go away and leave them alone. That way they won't have to explain a denial of coverage or renewal.

Phyllis

---- Royce Anderson <[log in to unmask]> wrote: 
> Hey guys,
> 
> I just want to let y'all know that I recently heard from Marsh insurance.
> They have raised their rates for private practice LC's. It is now $1207.00
> for full-time and $514.00 for < 20 hrs per week!!!!
> 
> Kind of hit me right in the gut!!!!!  NSO will NOT even talk to me b/c I am
> also a Doula. I do have a call into "Newtec", which is with AIG, I believe
> and expect a quote on Monday. I hope & pray it will be a more reasonable
> rate.
> 
> Royce
> 

--
Phyllis Adamson, IBCLC, RLC
Glendale, AZ.
[log in to unmask]

             ***********************************************

Archives: http://community.lsoft.com/archives/LACTNET.html
Mail all commands to [log in to unmask]
To temporarily stop your subscription: set lactnet nomail
To start it again: set lactnet mail (or [log in to unmask])
To unsubscribe: unsubscribe lactnet or ([log in to unmask])
To reach list owners: [log in to unmask]