General Insurance Adjusting
Errors & Omissions Insurance
All licensees, including an adjusting firm, must be covered under an E&O insurance policy with a minimum
limit of $1 million per claim and a minimum aggregate limit of $2 million.
Adjusting Firm Supervision
Each nominee is responsible for all insurance activities of the firm. Each firm is different in its make-up of licensees and nature of business; therefore it is the responsibility of the nominee to determine the appropriate level of supervision. Should Council inquire, nominees and supervisors will be required to clearly demonstrate the appropriateness of the supervision provided and they will be held accountable for their decisions.