Nuts & Bolts: ACE Risk Management, a division of ACE USA, launched a new product for Texas employers who have opted not to provide workers’ compensation insurance to their employees under the state workers’ comp system. The ACE Texas Non-Subscriber …
Nuts & Bolts: Euclid Managers LLC is offering a market for media liability. Coverage is for small and mid-sized media risk companies. These products are customizable featuring the option to add additional covered services directly on the policy forms. Coverage …
Nuts & Bolts: Euclid Managers LLC is offering a market for technology liability. Coverage is for small and mid-sized tech companies and features E&O, breach of reps/warranties, personal injury, privacy, intellectual property and security protections. These products are customizable featuring …
Nuts & Bolts: American Pacific General Agency Inc. is offering a market for professional liability, as well as general liability for the healthcare industry. Dollars: Policy limits from $1 million to $3 million. Minimum deductible is $2,500. Minimum premium is …
Nuts & Bolts: Midlands Management of Texas Inc. is offering a market for Texas nonsubscriber employer’s liability. Dollars: Policy limits up to $10 million. Minimum deductible is $10,000. Minimum premium is $2,500. Carrier: Rated “A X” by A.M. Best, non-admitted. …
Nuts & Bolts: Midlands Management of Texas Inc. is offering a market for Texas nonsubscriber occupational accident. Dollars: Policy limits up to $1 million CSL. Minimum deductible is $250. Minimum premium is $1,500. Carrier: Rated “A XI” by A.M. Best, …
Lloyd’s CEO Nick Prettejohn announced that the market will have the capacity to underwrite £14.9 billion ($26.91 billion) of business in 2004, equal to Lloyd’s year-end 2003 capacity figure. The dollar figure is based on an early January 2004 exchange …
The Independent Insurance Agents & Brokers of America (IIABA) announced it will launch a new advertising campaign to help educate consumers on the benefits of using a Trusted Choice agency. The first of six flights of Trusted Choice ads in …
With the economy gaining momentum during the second half of 2003, the number of failed insurance companies declined 21.4 percent, to 22 compared to 28 insurer insolvencies in 2002, according to Florida-based Weiss Ratings Inc. Four life and health insurers …
With the creation of the Texas Committee on Insurance Fraud, the Texas insurance industry, state and county agencies, and national organizations are engaging for the first time in a coordinated effort to battle insurance fraud. According to the Insurance Council …
