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

Residential Wrap Up

Nuts & Bolts: Sterling West Insurance is offering a program for residential wrap up. The target classes are apartments, single family dwellings, steel/concrete condominiums, and wood/frame condominiums. Dollars: Policy limits of 3mm/3mm/3mm; deductibles of $25,000/$50,000; minimum premiums of $250,000. Carrier: …

Errors & Ommissions

Nuts & Bolts: King Insurance has a program for Errors and Ommissions. Dollars: Coverage is available with a variety of deductibles and policy limits as well as accompanying Fidelity products that may be needed. States Available: California. Contact: Laura Fondarella, …

Health & Exercise Clubs

Nuts & Bolts: Union General is offering general and professional liability coverage for health spas, exercise salons, fitness centers specializing in aerobic and dance exercise, and health clubs. Coverage is available for common exposures such as day care, pools, saunas, …

High Value Homeowners

Nuts & Bolts: Arrowhead General Insurance Agency is offering a high value homeowners program. Endorsements—Scheduled valuable possession—unlimited appetite and capacity, blanket coverage is available. Also available on a stand-alone basis. Dollars: Policy limits of $600,000 and up; deductibles of $500 …

Real Progress Bodes Well for Regulatory Modernization Efforts

The issue of state versus federal regulation of insurance provokes strong opinions and divergent points of view among insurers. Yet there is one point on which we all can agree—consumers are best served by a healthy and competitive insurance marketplace. …

Annual WSSLC Stops in Big Sky Country

The Annual Western States Surplus Lines Conference meets July 9-12 in Big Sky, Montana, drawing hundreds of industry professionals and their families to the open country for three days of fun, relaxation, and of course, the latest in the surplus …

ITA Offers New CSR Job Skills Training Program

Getting a foot in the door of the insurance industry is the first challenge to a newcomer, but when compared to the challenge of figuring out the ABC’s of insurance, it is a small feat. There are so many ins …

Networked Insurance Agents Begins Expansion in West

In continued efforts to provide access for small to medium-sized agencies to insurance carriers who traditionally do not work though wholesalers, Grass Valley, Calif.-based Networked Insurance Agents has teamed up with Strongwood Insurance Holdings Corp. to expand its breadth of …

The Benefits of Forming Your Own Premium Finance Company

This is the first in a three-part series on captive premium financing. Part Two will run in the July 21 issue of Insurance Journal. Agents and managing general agents continue to reap the benefits of a growing excess and surplus …

Q1 Numbers an Improvement, But Concerns Stand

The property/casualty insurance industry reported a statutory rate of return of 8.8 percent in the first quarter of 2003, up from a disappointing 1.0 percent in 2002 and the worst-ever negative 2.4 percent recorded in 2001. The results were released …