Nuts & Bolts: The Hartford Financial Services Group Inc. has created Priority Protection, a new D&O product that protects individual directors and officers. Lawsuits are generally filed against the company and its key executives. Defending the company, however, can exhaust …
Nuts & Bolts: Appleby & Sterling Inc. is offering a lessors’ risks program for older-aged apartments and buildings. Dollars: Policy limits are $9 million per location with spread, more with reinsurance. Minimum deductible of $1,000 and a minimum premium of …
Nuts & Bolts: Appleby & Sterling Inc. is now offering workers’ comp insurance. Dollars: Minimum premium of $3,000, 36 classifications. Carrier: Rated “B++” VIII, admitted. States Available: California. Contact: Christa Phenice, (805) 583-9828, ext. 26, or www.applebyandsterling.com.
Nuts & Bolts: Salmen Insurance Services is offering a new excess liability market. Writes over RRG’s, bankers, non-rated and “B” rated carriers. Dollars: $1 million policy limit varying per policy. $1,000 to $5,000 deductibles available with a minimum premium of …
Nuts & Bolts: The Seattle, Wash.-based Mattei Companies is offering a new market for commercial agribusiness. The program has now expanded into 30 states targeting operations after the product has left the fields, such as storage, packers, processors and suppliers, …
Insurers doing business in urban areas need to examine their business plans to make sure they understand how both the federal Terrorism Risk Insurance Act (TRIA) and unfair discrimination law could affect their business, according to the Urban Insurance Partners …
The Wyoming Healthcare Commission was lauded by the Coalition for Affordable and Reliable Healthcare (CARH) for reportedly showing evidence, once again, that capping noneconomic damages in medical malpractice cases will reduce malpractice costs and stop the nation’s growing healthcare crisis. …
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.245 billion for insured property losses from Hurricane Jeanne, according to preliminary estimates by ISO’s Property Claim Services (PCS) unit. Hurricane Jeanne struck Puerto Rico on Sept. 15 …
The WashACE annual report that lists key indicators of the state’s business climate in relation to other states reportedly shows that, despite signs of the slowly recovering state economy, Washington has fallen in several areas critical to keeping local business …
Oregon drivers are reportedly spending less than the national average for personal automobile insurance, according to a recent report comparing premiums nationwide. The estimated average expenditure per insured vehicle for personal auto insurance in Oregon was $682 in 2002, compared …
