Discussion: View Thread

  • 1.  Insurance

    Posted 11-14-2022 20:51
    Hello Colleagues, this topic (insurance) was covered extensively a while back. However, I have lost track of that. Plus, things may have changed with inflation and with so many other changes in our society over the last few years.

    I have had good insurance, but recently our E&O insurance provider stopped handling that kind of insurance for us.  We have never had a claim (nor have I ever heard of any of you having a claim), so I am not sure why there was a discontinuation.

    In any case, some of my contracts do require having E&O  insurance (and liability insurance, which we do have). If you have E&O insurance that you are satisfied with, I would appreciate it it if you would reply with the name of the company, and, if you don't mind, the contact info for your agent, and the amount you pay per year. I believe I was paying about $1500 per year. If that info  is getting too personal, just the name of the company would be fine. Feel free to reply to me individually or to the group (there are those two options for replies).

    Thank you,
    Nayak

    ------------------------------
    Nayak Polissar
    Principal Statistician
    ------------------------------


  • 2.  RE: Insurance

    Posted 11-14-2022 21:54
    I for one would be grateful if anyone willing to respond did so to the
    group as a whole, rather than individually. I am interested in the
    answer(s) too, and I suspect I am not alone in that.

    Thanks.

    --Chris Ryan

    Nayak Polissar via American Statistical Association wrote:
    > Hello Colleagues, this topic (insurance) was covered extensively a while
    > back. However, I have lost track of that. Plus, things may have
    > changed... -posted to the "Statistical Consulting Section" community
    > Please note that using your email client's "Reply" option will send your
    > response to all members of the discussion group. To send a private
    > message to one person, click the blue "Reply to Sender" button at the
    > upper right of their post.
    > ------------------------------------------------------------------------
    >
    >
    > Statistical Consulting Section
    >


  • 3.  RE: Insurance

    Posted 11-15-2022 07:28
    It was for this reason (and others) that, last year, under Todd Coffey's leadership, the Section put together the "Consulting Toolkit". Unfortunately, it's not easy to find: Section Webpage > Career Development > In Private Practice. There is guidance on this topic. Personally, I got referred to a broker by my attorney.

    ------------------------------
    Michiko Wolcott
    Principal Consultant
    ------------------------------



  • 4.  RE: Insurance

    Posted 11-16-2022 20:37
    My broker is NFP Property and Casualty Services, Inc., recommended by my attorney 10 years ago. Please reply privately if you want contact details for my agent. The E&O (products and services liability) insurance policy is with CFC Underwriting Limited.

    ------------------------------
    Alicia Toledano
    President
    Biostatistics Consulting, LLC
    ------------------------------



  • 5.  RE: Insurance

    Posted 11-16-2022 22:59
    I had E&O for a couple years, then didn't renew. I did have liabiilty.
    Now that I'm mostly retired I didn't renew the general liability.
    I asked my regular Allstate home/earthquake/auto insurance (I'm in California) to find a policy. She got liability and E&O insurance through Lloyds of London. She worked through a commercial insurance broker.

    ------------------------------
    Chris Barker, Ph.D.
    2022 Statistical Consulting Section
    Chair-elect
    Consultant and
    Adjunct Associate Professor of Biostatistics
    www.barkerstats.com


    ---
    "In composition you have all the time you want to decide what to say in 15 seconds, in improvisation you have 15 seconds."
    -Steve Lacy
    ------------------------------



  • 6.  RE: Insurance

    Posted 11-20-2022 23:58

    I have professional liability insurance through Mercer. The occupational grouping they put me in is Health Information Management, and even then the policy is designed for medical practitioners. On the yearly renewal application I make clear that I'm a statistical consultant and don't see or treat patients. I've never needed to file a claim so I can't say how responsive they would be. Their contact information is:

    Mercer Consumer, a service of 
    Mercer Health & Benefits Administration LLC 
    P.O. Box 14576 
    Des Moines, IA 50306-3576 
    Phone: 1-800-375-2764 
    Fax: 212-948-1509 
    Email: proliability.service@mercer.com 
    www.proliability.com



    ------------------------------
    Dick Bittman
    ------------------------------