Nuts & Bolts: Union General is offering coverage on amusement centers and family fun centers. Coverage can be provided for arcade machines, batting cages, bumper boats, coin-operated kiddie rides, driving ranges, go-kart tracks, miniature golf, and pony sweeps or rings. …
Nuts & Bolts: Baldwin Sadler Truck Purchasing Group Inc. is offering an umbrella program. Available on a brokerage basis. Endorsements—subject to risk characteristics. Dollars: Heavy trucks are $1,000,000; commercial vehicles are $5,000,000. Minimum premiums of $2,000. Carrier: USLI. Nonadmitted. Rated …
Nuts & Bolts: Monarch E&S Insurance Services has available a personal umbrella program. Dollars: $1-, $2-, $3-, $4-, or $5 -million policy limits, minimum premiums of $175. Carrier: Navigators Insurance Co. rated “A- VIII.” Admitted. States Available: California. Contact: Ron …
Nuts & Bolts: Motorcycle Services is offering a new motorcycle program. According to the company, the program is for all types of motorbikes and offers competitive rates, high limits, great commissions and easy, online application and binding. Carrier: Lumbermans. Rated …
Nuts & Bolts: Myers Benner has available a truck dealers program. Available on a brokerage basis. Dollars: Minimum premiums of $25,000. Carrier: Admitted. Rated “A++.” States Available: All. Contact: Brian Dooley, (610) 435-9551
A.M. Best Co. affirmed the financial strength rating of “A+” (Superior) for the Progressive Casualty Pool, Mayfield Village, Ohio, and assigned an “a+” senior debt rating to Progressive Corp.’s existing debt securities and an indicative rating of “a+” to senior …
A.M. Best affirmed the financial strength rating of “A” (Excellent) for Harleysville Insurance, Harleysville, Penn., and the “a-” debt rating for Harleysville Group Inc.’s existing senior notes. The rating agency also raised the ratings of the Palisades Group of Summit, …
S&P assigned its “R” financial strength rating to Delta Casualty Co. (Delta Casualty). On Dec. 4, 2001, the Cook County Circuit Court in Illinois issued an order of liquidation upon finding that Delta Casualty was insolvent by more than $1 …
Builders Insurance Group. was assigned an “A-” (Excellent), FSC VI rating by A.M. Best Co. Builders Insurance Group, headquartered in Atlanta, includes two insuring entities, Builders Insurance (a Mutual Captive Company) and Association Insurance Company (AIC). Both will carry the …
Standard & Poor’s lowered its counterparty credit and financial strength ratings on State Farm Lloyds (SF Lloyds), which writes homeowners insurance in Texas, to “A” from “AAA.” At the same time, S&P revised the CreditWatch status of these ratings to …
