Citing poor financial performance at its Allstate Property and Casualty Insurance division, Allstate Insurance Co. announced it was moving 264,000 personal auto customers—12 percent of its customers in Texas—to its unregulated business unit, Allstate County Mutual Insurance Co. According to …
Nuts & Bolts: ChamberBiz Insurance Agency Services, a brokerage in Wilmington, Del., is offering a storage tank liability program. The company also offers coverage for pollution legal liability. Endorsements include Texas State Amendatory. Dollars: Policy limits: $1,000,000 / $1,000,000; deductibles: …
Nuts & Bolts: Continental Bloodstock Agency Ltd. of Lexington, Ky., is offering a new market for trail rides and pony rides. Available endorsements vary by state. Dollars: rated “B++.” Carrier: Genesis Indemnity, rated “A+” and Colorado Western States Available: Policy …
Nuts & Bolts: The Independent Insurance Agents of Texas is offering stand-alone personal umbrella coverage through RLI Insurance Co. The program features 12 percent commission, three-day policy issuance, direct bill at renewal, no excluded vehicles, easy rating with no manual …
Nuts & Bolts: American International Group Inc.’s (AIG) American International Companies have introduced AIG PowerBuild (SM), which provides a comprehensive package of insurance products and services designed for the construction and operational phases of power generation facilities. Coverages include construction …
Nuts & Bolts: The Consumer Division of Royal & SunAlliance USA introduced a program of insurance and services designed specifically to meet the needs of the National Truck Equipment Association (NTEA). Available to both members and non-members, the new program …
Nuts & Bolts: Union General has a coverage available for common area exposure for homeowners associations. Pricing is on a per unit basis. Coverage is available for tennis courts, basketball courts, baseball diamonds, lakes, bathing beaches, boats docks/slips, club houses, …
Nuts & Bolts: M.J. Hall & Co has available a program for nightclubs, bars and restaurants. Available on a brokerage basis. Endorsements—assault and battery. Dollars: nonadmitted market Carrier: Clarendon America, Rated A8 States Available: Policy limits of 1 million/2million/1 million, …
Nuts & Bolts: Ck Specialty Insurance Associates Inc. is offering a BOP Program. The program is available to agents appointed with the company. Dollars: Policy limits of $1,000,000 occ/$2,000,000 agg. Carrier: Zurich. Rated “A+15.” Admitted market. States Available: California, Nevada. …
Nuts & Bolts: Interline Insurance Services Inc. has available a program for workers’ compensation, truckman class. Available by appointment only. Endorsements — Standard. Not written mono-line. Dollars: Policy limits up to $1million CSL; minimum premiums of $750. Carrier: Star Insurance …
