Nuts & Bolts: Lemac General Agency Division in Orange, Calif. added a new BOP facility to complement its existing package facilities. The program features property, general liability, umbrella, EPLI and professional liability. There are 800 eligible classes for offices, retail, …
Nuts & Bolts: InsureVianet introduced a new Internet-based small business workers’ compensation insurance program for agencies in Indiana and Michigan. This technology allows agents and brokers to enter underwriting data with no paper submission, receive real-time quotes and proposals, make …
Nuts & Bolts: Glendale, Calif.-based general agent KF&B Inc. announced a new public auto program. The program underwrites charter and sightseeing buses, limousines, tour vans, and various types of shuttle vans. Nationwide, intermediate or local radius options are available with …
Nuts & Bolts: The AIG Cos. introduced SAFETY Act Homeland Protector, a new set of product and professional liability coverages designed for companies developing and selling anti-terrorism products and technologies in accordance with the Support Anti-Terrorism By Fostering Effective Technologies …
Nuts & Bolts: The St. Paul Cos. introduced an enhanced version of Global Companion, an international commercial property and general liability product designed to help protect U.S.-based companies from the risks associated with conducting business overseas. U.S.-based companies with international …
Nuts & Bolts: Pittsburgh-based AIG subsidiary National Union Fire Insurance Co. has launched Risk Capital Protector, a program designed to respond to the organizational and managerial liability exposures of venture capital and private equity firms and their managers. Risk Capital …
A combination of heat, pressure and explosives was used last February to blow to smithereens the baseball involved in a play that some Cubs fans say cost their beloved team a trip to its first World Series in 58 years. …
To counteract the steep rise in medical and prescription drug costs, the North Dakota Workforce Safety and Insurance’s (WSI) board of directors authorized the agency to go forward with a proposal for a slight premium increase for workers’ compensation coverage. …
Following a week of intense negotiations, the Iowa Senate approved a bill to restrict credit-based insurance scoring by a vote of 49 to 0. A coalition of industry advocates amended the bill to more closely follow the National Conference of …
Tort reform continued to advance in the Midwest as legislators in the House of Representatives in Iowa and Missouri passed measures that would put caps on noneconomic damages in medical liability cases. The Iowa House passed HB 2440, which sets …
