February 21, 2005
Nuts & Bolts: Walnut Creek, Calif.-based J.E. Brown and Associates is offering a new high value homeowner program called “Masterpiece.” Policies can include all risk with 200 percent replacement cost, valuable articles coverage, earthquake, umbrella, child abduction, home invasion, carjacking …
February 21, 2005
Nuts & Bolts: In conjunction with acquiring the book of business of The American Agency, a specialist in ambulance services, hospital fleets and paramedic-transit operations, THOMCO is offering three new programs: Ambulance Plus, Hospital Fleet Complete and Para-Transit Pro. Coverages …
February 21, 2005
Nuts & Bolts: Jeffrey L. Heath Inc., dba Heath XS, is offering umbrella coverage. Preferred risks include contractors, premise and OL&T. Dollars: Policy limit is $5 million with a minimum premium of $3,000. Carrier: ACE American Ins. Co. rated “A-XIV,” …
February 21, 2005
Nuts & Bolts: National Union Fire Ins. Co. of Pittsburgh, Pa., a member company of American International Group Inc., launched “PrivateRisk Protector,” a new management and professional liability portfolio of coverages designed to address the broad spectrum of exposures to …
February 21, 2005
Jeannie Davila Encino, Calif.-based NAS Insurance Services has appointed Jeannie Davila as assistant vice president in charge of its new E&S Property Insurance facility. Davila brings 30 years of insurance experience to her new post. Previously, she was regional president …
February 21, 2005
Increasing Idaho’s speed limit from 65 mph to 75 mph is dangerous public policy, according to the American Insurance Association. A bill (SB 1082) introduced by the Senate earlier in February will reportedly exact a terrible toll on Idaho’s citizens …
February 21, 2005
The start of 2004 was a testing time for the global D&O market, reports Willis’ Directors & Officers Index which asked participating insurers for their views about the past three and next three months. Results of the index revealed a …
February 21, 2005
The American Agents Alliance recently completed a year-long project to help their members comply with state and federal regulations concerning protecting client information. The project, culminating in an “Information Security Program” kit, is available free of charge to all Alliance …
February 21, 2005
Officials with the city of Los Angeles announced that they reached a $5.9 million settlement with their insurers due to the Sept. 11, 2001 terrorist attacks, according to the Associated Press. The Federal Aviation Administration ordered that Los Angeles International …
February 21, 2005
For U.S. property/casualty insurers, periodic glimpses of rising profitability have been overshadowed by relentless price-cutting, natural and man-made catastrophes, and claims inflation. Following an unprecedented surge in losses for terrorism, asbestos, and corporate liability, however, came new hope that firm …