Monthly Archives: <span>April 2002</span>

Terrorism

Nuts & Bolts: ACE USA is offering a specialist solution to several specific industry classes with a shortage of terrorism related insurance capacity. The ACE terrorism insurance product is focused on U.S. and Canadian commercial property accounts in the utility, …

Non-franchised Used Car Dealers

Nuts & Bolts: DMI Insurance Services Inc. is offering a program for non-franchised used car dealers. Appointments are required. DMI is seeking to form long-lasting, mutually beneficial partnerships with producers that are garage specialists with books of garage business and …

Professional Liability

Nuts & Bolts: International Brokerage & Surplus Lines Inc. is offering a professional liability program that includes coverage for medical liability, architects and engineers, insurance agents E&O, media liability and lawyers. Contact: Jason, (800) 348-4275

Business Auto

Nuts & Bolts: The Barclay Agency LLC, of Montgomery, Ala., is offering business auto coverage by appointment only. Dollars: Policy limits up to $1,000,000 liability, med pay $5,000, UM is stat. single limit, 0-200 mi radius. Carrier: Carolina Casualty Insurance …

Health & Exercise Clubs

Nuts & Bolts: Union General has a program available offering general and professional liability coverage for health spas, exercise salons, fitness centers specializing in aerobic and dance exercise, and health clubs. Coverage is available for common exposures such as day …

Boat 1, Personal Watercraft

Nuts & Bolts: Carnegie General Insurance Agency is offering a program for Boat 1 and Personal Watercraft. The program is approved brokers, and offers trailer and tenders coverage. Dollars: Policy limits up to $500,000 CSL, deductibles of $250, $500 or …

Motorcycles

Nuts & Bolts: Carnegie General Insurance Agency has available a program for motorcycles. The program is approved brokers, and offers towing and emergency road service, trip interruption, safety apparel coverage, loan lease coverage, and replacement cost coverage. Dollars: Policy limits …

Business Auto

Nuts & Bolts: Mexipass is offering a business auto program designed to provide business auto coverage in Mexico for commercial vehicles registered in the U.S. and owned by American companies or U.S. residents, while in Mexican territory for business purposes. …

Redland Raised to ‘AA-‘

S&P raised its counterparty credit and financial strength ratings on Redland Insurance Co. to “AA-” to align it with the rating on Clarendon National Insurance Co., Redland’s parent and removed the company from CreditWatch negative. The outlook on Redland is …

Royal & SunAlliance USA Lowered

Fitch Ratings has downgraded the ratings of the Royal & SunAlliance USA insurance subsidiaries from “A+” to “A” and removed the ratings from Rating Watch negative. The outlook is stable. The ratings were placed on rating Watch Negative in February …