Nuts & Bolts: NIF Weather Risk Management, a division of NIF Group Inc. of Manhasset, N.Y., introduced a new series of financial weather products for companies and municipalities in all 50 states. The coverage is priced based on deviations from …
Nuts & Bolts: Venture Programs Inc. added a restaurant package through Alea North America Insurance Co. to its hospitality program. The restaurant package includes property, general liability, liquor liability, automobile, inland marine and crime. Restaurants insured through Venture hospitality will …
Nuts & Bolts: Philadelphia Insurance Cos. is providing accountants with a professional liability policy. Their underwriting flexibility enables them to address the unique exposures that confront accountants. These policies are written to protect firms, employees, assets and reputations, and to …
Nuts & Bolts: INAMAR, the marine marketing and underwriting division of ACE USA, launched a new insurance program designed exclusively for the owners of personal watercraft. The INAMAR Personal Watercraft program is available to all agencies appointed by ACE for …
Nuts & Bolts: Rockwood Programs expanded its existing property and casualty agents errors and omissions program. Coverage is now available in all 50 states and the District of Columbia. The core program, called the Main Street P&C Agents RPG, can …
Nuts & Bolts: Traverse City, Mich.-based Hagerty Insurance has added two categories of lowriders to the list of customized and collectible vehicles it insures. As defined by Hagerty, a lowrider is a car or truck that has had its suspension …
Ten years ago, the Federal Multi-Peril Crop Insurance Program covered fewer than 100 million acres of U.S. farmland. That number has more than doubled since 1994, and today it is close to 220 million acres. This is significant compared to …
The SNL insurance broker index, which includes every public insurance company in the U.S., lost more than a quarter of its value after New York Attorney General Elliot Spitzer announced his investigation into contingent commissions and bid rigging. In response, …
Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Co. is using so-called “black box” technology to offer drivers discounts based on how much, how fast and when they drive. The …
Results from 2004’s first nine months indicate Missouri should post its lowest rate of premium increases for workers’ compensation insurance since 2000, according to Department of Insurance Director Scott Lakin. With 206 insurers filing rate changes for 2004, overall market …
