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

Swiss Re to Host NY Conference on ART Market

Swiss Re announced that it will host a conference on the Alternative Risk Transfer market, “ART Solutions in a time of capacity shortage,” from 8:30 am to 10:30 am, Thursday, September 19, at the Park Avenue Plaza, located at 55 …

Lloyd’s Members Vote in Favor of Reform Proposals

Lloyd’s announced on Friday that 79.88 percent of those eligible to vote at an Extraordinary General Meeting on Thursday had backed the reform proposals prepared and endorsed by Lloyd’s management. The vote authorizes potentially the biggest changes in Lloyd’s operations …

Environmental-Res. Fuel Oil Tank

Nuts & Bolts: Zurich North America’s Environmental Group has launched its Home Environmental Protection program, which protects homeowners with residential fuel oil tanks. The coverage complements traditional homeowner’s insurance policies and provides policyholders with coverage for legally required first-party cleanup …

Non-Compete Agreements

Nuts & Bolts: Gresham & Assoc. Inc. are offering a program for non-compete agreements. Brokerage business. Dollars: Policy limits of $1,000,000; deductibles begin at $2,500; minimum premiums of $4,000. Carrier: Evanston Insurance Co., rated States Available: All. Contact: Art Hays, …

Workers’ Comp

Nuts & Bolts: PSA Insurance is offering a workers’ compensation program. Available on appointment only basis. Over 300 classes, including some contractors classes. Dollars: Minimum premiums of $1,000 to $10,000 depending on class of business. Carrier: Admitted. Rated Contact: Darrell, …

Horse Farm Package

Nuts & Bolts: Equine Insurance Specialists is offering a horse farm package. Dollars: Policy limits of $1,000,000/$2,000,000 GL.,deductibles of $500 to $2,500. Minimum premiums of $1,000 Carrier: United National Group Companies. Admitted in all but Kentucky, New Jersey and West …

Small Businesses Offered Fourth Safety Workshop

A fourth safety workshop conducted by the insurance industry and the U.S. Occupational Safety and Health Administration (OSHA) will be offered to small business owners in Erie, Pa. Wednesday, Sept. 25. The session, “Safety at Work IV: Risk Management Techniques …

Mayfare Software Solutions joins ACORD

New Jersey-based Mayfare Software Solutions Corporation, a software solution provider to the property & casualty (P&C) insurance industry, announced its membership in Association of Cooperative Operations, Research and Development (ACORD), the leading standards organization in industry. Allen Barnett, Mayfare’s CEO …

Nasdaq to Delist Cumberland Technologies

Cumberland Technologies Inc., a Tampa, Fla.-based provider of software technology to insurance agencies, announced it has been notified that its shares will be delisted from the Nasdaq SmallCap Market at the opening of business on Sept. 13. The notice from …

La. Okays State Farm Auto Rate Increases

The Louisiana Insurance Rating Commission approved automobile insurance rate increases for State Farm Group that were less than those originally requested by the insurer. According to A.M. Best regulators approved a 14 percent increase for State Farm Mutual Automobile Insurance …