Nuts & Bolts: Agri-Risk Services Inc. in Overland Park, Kan., is offering a market for trail, carriage and pony rides. Dollars: Policy allows coverage limits up to $1 million. Carrier: Gemini Insurance Company of Greenwich, Conn., rated “A.” States Available: …
Nuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice, miscellaneous professional and tech errors and omissions products issued by any insurer. Universal …
Nuts & Bolts: Jeffrey L. Heath Inc., dba Heath XS, is now offering excess trucking and transportation including all types of excess auto, except LPG, haz-mat, livery and buses. Dollars: Policy limit is $4 million with a minimum premium of …
Paul Saich Paul Saich has been elected executive vice president of Mountain View, Calif.-based Thoits Insurance Service Inc. Saich joined Thoits Insurance in 1996. He started his insurance career as a sales agent for John Hancock in San Jose, where …
French billionaire financier François Pinault and his holding company, Artemis S.A., are the sole remaining defendants in the civil lawsuit seeking to recover some $4 billion on behalf of policyholders of the failed Executive Life Insurance Company. In a statement …
The California Division of Workers’ Compensation has reportedly reinvigorated a state program that provides information and assistance to injured workers through monthly workshops at local DWC offices. “In the midst of this much-needed overhaul of the workers’ comp system, it’s …
The shareholders’ equity of many insurers and reinsurers is coming under greater pressure than anticipated as P/C losses from the 2004 hurricane season continue to rise with new estimates, according to a report by Standard & Poor’s Ratings Services. The …
United Contractors Insurance Company Inc., a new risk retention group domiciled in the District of Columbia, will offer general liability coverage to California contractors and artisans in commercial and residential construction. Acting as the RRG’s managing general underwriter, Palm Springs-based …
Fourth quarter and 2004 annual earnings statements from leading California workers’ comp insurance carriers are coming in, and profits are reportedly up by 25 to 36 percent over 2003–and 2003 was already the most profitable year on record, according to …
Officials in the Department of Homeland Security have introduced a proposal to mitigate losses from a future terrorist attack by establishing corporate security standards, or “best practices,” that will help protect American businesses from terrorism. However, the Property Casualty Insurers …
