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

Real Estate, Mortgage Bankers, Acupuncturists

Nuts & Bolts: Dwyer & Associates’ in-house underwriting department is offering professional liability facilities available for real estate agents, mortgage bankers, and acupuncturists. Real estate highlights include prior acts coverage for accounts that have carried continuous real estate E&O coverage …

Farm and Ranch

Nuts & Bolts: Abram Interstate, Inc. has an extensive Farm/Ranch Package Program available. Program is eligible for accounts including; working horse, cattle and crop farms. This includes boarding, breeding, training, lessons, sales and shows of horses, including Auto and Farm …

Mold: The Fungus Among Us Is Difficult to Evict

Through the use of new policy forms, insurers are trying to evict mold from the insurance landscape. Departments of insurance in 39 states have now approved exclusions for coverage of mold. Will the pesky mold problem finally go away? Unfortunately, …

Giles Looks at MGAs As He Prepares to Step Down

Outgoing AAMGA president Rob Giles sat down with Insurance Journal recently to discuss the association, managing general agents and his term as president, among other things. Giles, president of Wisconsin-based Midwest General Agency, will oversee AAMGA’s 77th Annual Convention, scheduled …

The Challenging Future Requires Your Attention

While the hard market continues to support current rate levels, there is increasing turmoil within our industry. Is there any doubt that major changes are on the horizon? After all, who can predict the timing of the hard market/soft market …

Covering All the Bases with the Help of Surplus Lines

I was standing at the ballpark watching the local minor league baseball team take batting practice before a game. My son was along for the insurance company-sponsored evening, and we were out along the third-base line in the area reserved …

Putting Business Intelligence to Work

Business transpires in the Information Age. Although these times offer the most networked, data enriched progression ever in history, many smaller to midsize insurance companies are still using mainframe processing to generate canned monthly management reports to summarize the operational …

ALPS Cut to ‘BBB’

S&P’s lowered its counterparty credit and financial strength ratings on Attorneys Liability Protection Society Inc. (ALPS), a risk retention group, to “BBB” from “A-” and removed the company from CreditWatch, where it was placed in mid-March. The outlook is negative. …

Fireman’s Fund Affirmed

A.M. Best Co. affirmed “A” (Excellent) the financial strength ratings of the pool members of the Fireman’s Fund Insurance Companies (FFIC). The ratings are being removed from under review; the outlook remains negative. FFIC is a wholly owned subsidiary of …

Markel Outlook Positive

Standard & Poor’s Ratings Services revised its outlook on Markel Corp., Markel International Insurance Co. Ltd., and Markel’s U.S. insurance subsidiaries to positive from stable because of the historically strong underwriting results of Markel’s U.S. insurance operations, the company’s position …