I actually had a lender tell me that not too long ago.  "They" insisted we raise our E&O or "they" would have to seek services somewhere else.  As a title co. we do comply with the state laws but alas this was an out of state lender and it was the only thing that they could nit pick to kick me out claiming that we are not on the "approved" title co. list and we couldn't be added because our E&O was too low.  We told them we comply with our state laws and if they so choose to go somewhere else that is fine with us. 

Makes me wonder why they are so concerned with our E&O.   I know it is CYA time but it also raises a red flag to me that says, when these deals fail "they" will look to point the finger at one of us. 

Not sure how "they" get away with that but it happens all the time.