Monthly Archives: <span>May 2003</span>

Charter Partners USA Chooses INSTEC Software

Charter Partners USA, Inc. has selected INSTEC, commercial property and casualty software provider, to provide a 50-state rating and policy administration system. INSTEC’s planned solution includes multiple commercial lines of business including Commercial Package, Commercial Auto/Garage and Truckers, Workers’ Compensation …

AIG Aviation Offering New Coverage for The Civil Air Patrol

AIG Aviation, Inc., a member company of American International Group, Inc. (AIG), is now endorsing Civil Air Patrol (CAP) liability coverage onto the non-owned aircraft damage liability insurance form. “The Civil Air Patrol plays a vital role in our nation’s …

N.J. Reform Approved by Assembly Committee

The General Assembly Banking and Insurance Committee in New Jersey approved legislation Monday that will reportedly correct years of politically influenced auto insurance regulations that have eroded the availability of coverage for drivers. Voting unanimously, the Committee approved the New …

Mont. Legislative Session Ends; Privacy, Workers’ Comp Bills Pass

Bills involving privacy, workers’ compensation, and unfair claims handling practices were the key insurance-related legislation that passed the 2003 Montana legislature, which adjourned last week. “Probably the biggest news for property/casualty insurers was the fact that the 2003 Montana legislature …

Five Arrests Made in Undercover Calif. Operation

Investigators from the California Department of Insurance Urban Auto Fraud Task Force arrested five individuals last week stemming from an undercover operation named “Operation Pay Out.” All five suspects were booked at the San Bernardino County Jail on felony charges …

Davis Named to Calif. Attorney General Nonprofit Advisory Group

Pamela Davis, president and CEO of the Nonprofits’ Insurance Alliance of California (NIAC), was recently appointed to the California Attorney General Nonprofit Advisory Group. The Nonprofit Advisory Group provides leadership to ensure that formal dialogue takes place to discuss the …

BOP

Nuts & Bolts: Superior Access is now offering a new BOP (Office Package Program) through a carrier with an AM Best Rating of “A+ XV”. Will entertain new ventures with a minimum of three years experience in their field. Agents …

Professional Risk

Nuts & Bolts: Philadelphia-based insurance group ACE USA introduced its new ACE Advantage(SM) suite of management liability, and errors and omissions insurance products. The new ACE Advantage management liability insurance products provide executives with the protection they need in four …

Contractors and Equipment Dealers

Nuts & Bolts: CEIS Ltd., a member of the Curley Insurance Group, has introduced a new program for Inland Marine for the construction and equipment dealer industry. The program offers several unique coverages such as Rental Reimbursement, Flood and Quake …

Terrorism

Nuts & Bolts: ACE USA announced terrorism-related products providing broader solutions for U.S.-based clients. The new offering addresses coverage gaps created by the Terrorism Risk Insurance Act (TRIA), including losses resulting from acts of domestic terrorism, and expands policy benefits …