Non-Emergency Transportation Insurance Market Update

I have updates for my readers on several carriers that are involved in the non-emergency, NEMT, insurance market.  The first is Progressive.  Many NEMT companies are currently insured with Progressive.  If you call up Progressive and ask if they insure non-emergency transportation vehicles, they will tell you absolutely not.  Insurance agents have been taking advantage of Progressive's online rating and have been misrepresenting the information to get them through the system.  Progressive has become wise to this and is sending out non-renewal notices once they find out the company is involved in non-emergency transportation.  NEMT Transportation broker Southeastrans has also become aware of this and has began to reject companies that have certificates of insurance listing Progressive as their insurance company.  I have access to a standard carrier through my program that specializes in NEMT insurance and can compete with the pricing Progressive has unintentionally offered.  This company also has a great knowledge and expertise in the industry.  One of their loss prevention experts come to your business and sits down to go through your safety program development with you before they even write the policy. You will also be able to rest easy not having to fear impending cancellation notices or rejection from Southeastrans and other transportation brokers.  We also have access to many other carriers to handle any transportation risks.  Please don't hesitate to give me a call to discuss your program.

The second update is on a company that currently writes workers compensation insurance for NEMT companies is AIG/Chartis.  In general, they tend to have higher workers compensation rates than the monoline workers compensation carriers in the market and often times, the last stop before companies go into the assigned risk pool.  I have received confirmation that effective 5/1/2011, they will no longer be writing any new workers compensation policies in the state of Georgia.  Effective 7/1/2011, AIG/Chartis will be non-renewing all transportation risk, which includes non-emergency transportation companies.  The agency has several different workers compensation markets that are all more competitive than AIG.  When you receive your cancellation notice, please give me a call.