January 24, 2005
Nuts & Bolts: Wausau Insurance rolled out the latest in a series of Wausau Express package policies for property and general liability–with the newest versions designed for restaurant and hospitality businesses. The Wausau Express package policy combines many tailored coverages …
January 24, 2005
Nuts & Bolts: Indemnity Excess & Surplus Agency is now offering an owner’s and tenant’s protective. This product offers premises liability coverage to an owner or tenant hiring a general contractor to perform renovations or new construction work associated with …
January 24, 2005
Nuts & Bolts: Jeffrey L. Heath Inc., dba Heath XS, is now offering excess trucking and transportation including all types of excess auto, except LPG, hazardous materials, livery and buses. Dollars: Policy limit is $4 million with a minimum premium …
January 24, 2005
Nuts & Bolts: AIG Environmental said it has enhanced its environmental and general liability exposures program, aka “EAGLE.” The expanded product portfolio features new coverages to provide commercial insureds with AIG Environmental’s broadest environmental risk management program. In addition to …
January 24, 2005
There are a number of things about the insurance industry that drive Lord Levene crazy but nothing more than all the paper. “The paperwork is nuts,” the Lloyd’s of London chairman exclaims. He tells the story of a broker inputting …
January 24, 2005
Have you been watching the NFL playoffs? As a devotee of our country’s first national pastime–baseball–I confess to not having paid very close attention. To me, football is just the dead air on SportsCenter between basketball highlights and Hot Stove …
January 24, 2005
The Independent Insurance Agents & Brokers of New York looks forward to working with New York’s next Superintendent of Insurance and is hopeful the major strides begun by his predecessor will continue to benefit the state’s economy, homeowners, motorists and …
January 24, 2005
While it did not begin boiling over until last October when charges were brought against Marsh, the controversy over brokerage contingent fees has actually been simmering for more than a half dozen years in New York insurance circles. Back in …
January 24, 2005
Helen Johnston is an 80-year-old retired pediatrician who hardly considers herself much of a risk for being sued. That’s not how her insurance company sees it, however. Johnston is losing extra coverage she bought years ago while she still practiced …
January 24, 2005
Banks should have an easier time selling insurance in Massachusetts thanks to a recent federal court ruling granting supremacy to federal rules over more restrictive state laws governing banks’ sales of insurance products. The Massachusetts Bankers Association successfully challenged state …