Nuts & Bolts: XL Environmental Inc. is offering its fixed-cost environmental remediation policy on a surplus basis Dollars: Limits are typically twice the projected cost of cleanup. For XL’s environmental remediation policy, premiums are generally 5 to 10 percent of …
Nuts & Bolts: Safeware, the Insurance Agency Inc., of Columbus, Ohio, launched a new product, Global Insurance To Go, to insure travelers and their personal computer and other portable business equipment. It provides PC owners coverage against a variety of …
Nuts & Bolts: Viking Insurance of Madison, Wis., is reintroducing its Viking brand of nonstandard auto insurance. Characteristics of the Viking auto insurance product include shorter policy terms, (30 days typically), low down payments, rating without requiring credit reports, and …
Nuts & Bolts: American International Group announced enhanced Directors, Officers and Corporate Liability insurance coverage that includes Business Travel Accident Insurance and Travel Assistance Services. The Business Travel Accident endorsement pays benefits in the event of an accident when an …
Nuts & Bolts: Ajalon Specialty Insurance Brokers has E&S and Specialty Markets available for auto-commercial (commercial auto liabiltyÑmisc./special purpose), contractors & related, artisian contractors, contractors equipment; earthquake & related (earthquake/DIC); environmental (environmental risks); excess coverage (excess liability commercial); garage (garage …
Do your homework. Check it over, twice. And an apple for the teacher wouldn’t hurt, either. Once we get past the risk assessments, debt ratios and premium margins, insurance is still about relationships. For it is people that still determine …
To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take a short walk through …
It’s pretty much common knowledge by now that the property and casualty insurance industry suffered tremendous losses in 2001, and although the tragedies of September 11 can be blamed for much of the economic devastation, the losses cannot be entirely …
I was invited to speak to the San Antonio Independent Agents in January of 2000. At that moment I knew the property casualty insurance market was going to harden. They wanted to know what an excess and surplus lines broker …
Meadowbrook Insurance Group Inc.’s group rating of its insurance company subsidiaries has been upgraded to “B+” (Very Good), with a positive outlook, by A.M. Best Company. The upgrade reflects Meadowbrook’s improved financial condition as a result of its recent successful …
