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

Group Legal Expense

Nuts & Bolts: Zurich North America is offering group legal expense insurance benefits to companies with 500 or more employees. Offered in partnership with Advisory Communications Systems Inc. (ACS), the program includes coverage for housing and real estate matters, wills …

1st, 3rd Party Tech Coverage

Nuts & Bolts: Digital risk specialist Safeonline is offering a 1st and 3rd party policy for small to medium firms who use basic technologies and whose insurance now excludes technology-risks. The program offers coverage against 1st party damage to electronic …

High Tech E&O Liability

Nuts & Bolts: The Chubb Group of Insurance Companies has launched a new errors and omissions (E&O) liability policy that can be tailored to meet the needs of small-to large-sized information and network technology companies. INTegrity by Chubb helps protect …

Legal Service Plans

Nuts & Bolts: Venezia Insurance Brokerage has available a program for legal service plans. Pre-paid legal can be provided to both employees of companies on a voluntary basis, along with individual clients as well. Available on appointment basis. Dollars: Minimum …

Motorist Protection Program

Nuts & Bolts: Additional Benefits Company is offering a new Motorist Protection Program and Motor Club. Program offered exclusively through Road America Motor Club (California DOI # 3429-8). Limited Producer appointments available. Rates on FSC and other raters, ZapWin upload. …

Nursing Homes

Nuts & Bolts: The Managed Insurance Programs Division of Arrowhead General Insurance Agency has launched a new nursing home insurance and risk management program, “Silver Lining.” Dollars: The Division will underwrite Silver Lining’s nursing home risks on behalf of Lloyd’s …

The State of Agency Technology in 2005

The agency system is positioned to make significant progress with technology and business process improvement over the next three years, but progress will not happen on its own. It will be realized only through the active involvement of agency principals …

King v. Dallas Fire: Occurrence From Another Angle

On August 29, 2002, the Texas Supreme Court issued its revised opinion in King v. Dallas Fire Insurance Company (No. 00-1152, Tex. Sup. Ct., Aug. 29, 2002), withdrawing and replacing its previous opinion of May 30, 2002, with minor modifications. …

RSA Ratings Lowered

S&P lowered its long-term counterparty credit and insurer financial strength ratings on various operating entities of U.K.-based Royal & Sun Alliance Insurance Group PLC (RSA) to “A” from “A+” following a decline in the group’s capital adequacy. The outlook is …

PMA Units Lowered

Standard & Poor’s lowered its counterparty credit and financial strength ratings on U.S.-based reinsurer PMA Capital Insurance Co. (PMACIC) and regional primary writers Pennsylvania Manufacturers’ Assoc. Insurance Co., Pennsylvania Manufacturers Indemnity Co., and Manufacturers Alliance Insurance Co. (collectively, PMAIG) to …