Michael E. Briel, PC Information

BrielPC maintains professional liability insurance in the amount of no less than $1,000,000.00. This amount is appropriate given the company's size and complexity and the nature and scope of its operations; the amount is not less than the amount agreed to in the company's underwriting agreement(s). The insurance carrier is nationally known and has appropriate Best ratings. Coverages/Endorsements are reviewed annually and are added or subtracted to reflect current changes in the practices of the industry and to reflect new threats to our business as they arise such as cybercrime. Fidelity bond coverage (Protection for Agent against employee dishonestly) BrielPC maintains a fidelity bond policy in an amount of not less than $100,000.00 as well as a Cyber Risk & Employee Risk policy of not less than $100,000.00. The company reviews both State law and our Issuing Agency Contracts to verify that our coverage meets or exceeds their respective requirements. This coverage is carried even if State law or our issuing Agency Contract do not require it from time-to-time as conditions or laws change. Surety bond coverage - Real Estate Settlement Agent (RESA) BrielPC is a RESA-registers Virginia Settlement Agent and has provided to the Bureau of Insurance with a $200,000 surety bond for protection of its customers as a condition to registration. BrielPC is compliant with all RESA regulations and is in good standing with the Bureau of Insurance.