Monthly Archives: <span>January 2006</span>

Hurricane contractors: Working without a safety net

For the clean up of New Orleans in the wake of Hurricane Katrina to progress, contractors engaged in this important work must be adequately protected from long-term and uncertain liabilities. As insurance brokers, we at Willis work with our clients …

MICHGAN COMMISSIONER EXTENDS TIME FOR MOTORISTS TO SUE

Michigan’s Insurance Commissioner Linda Watters is prohibiting auto insurers from setting limits on the amount of time people can sue. Watters, who heads the Office of Financial and Insurance Services, recently announced that she has issued an order that would …

EPLI

Nuts & Bolts: Excess & Surplus Lines Insurance Brokers Inc. is placing EPLI with or without third party liability. Policies can be written Monoline or as part of the D&O or partnership liability. Both new ventures and long-established firms need …

Community Banks, Lawyers

Nuts & Bolts: OneBeacon Insurance Group in Boston, a subsidiary of White Mountains Insurance Group Ltd., is entering the community banking and the lawyers’ professional liability markets. OneBeacon will offer a broad array of professional liability coverages targeting community banks …

Workers’ Comp

Nuts & Bolts: PointSure Insurance Services launched several new specialty products, broadening its workers’ compensation capabilities and offering standard market coverage for risks often neglected due to size and class restrictions. Eligibility for these new programs encompasses more than 700 …

Small Business Package

Nuts & Bolts: CNA introduced CNA Connect for small business customers that will combine the company’s former business owners’ policy and commercial package policies into one broad flexible product. CNA Connect will provide agents with access to more eligible classes, …

Miscellaneous Medical Malpractice

Nuts & Bolts: NAS Insurance Services’ miscellaneous medical malpractice insurance program has several new features including new deductibles that can be lower than $2,500. The coverage can also now be underwritten with greater rate flexibility. The program features limits of …

Fire and Water Restoration Plus Pollution and Mold Liability for Contractors

Nuts & Bolts: Bonding and Insurance Specialists Agency is offering fire and water restoration contractors general liability plus contractor’s pollution and mold liability. BISA has been a leading independent agency writing insurance and bonds for contractors and consultants with pollution …

In recruiting, qualify before you sell

Editor’s note: This is the third in a series of articles offering “best practices” suggestions for the hiring process in the independent agency. More information is available at iiat.org under Agency Management. In the first article of this series (Insurance …

Healthcare fraud is a family affair

A Des Moines doctor and his brother are accused of health care fraud for allegedly seeking reimbursement on medical procedures that were unnecessary or not performed. Dr. Peter Boesen, 45, and his brother, James Boesen, 48, are charged in a …