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MGAs Struggle To Get E&O Coverage For Their Services Even In Soft Markets

MGAs are still getting a bad rap, but some new markets now offer cover

By Phil Gusman | Updated on November 04, 2007

Certain insurance agents seeking to purchase liability policies to cover their own professional services continue to face challenges even when most buyers–including most mainstream agents–enjoy lower premiums and broadening terms.

With market conditions softening, however, the line separating those that get coverage easily and those that don’t is becoming less clear, according to experts.

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