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

Only your E&O carrier and your boss care how smart you are

We insure some local rural water districts. One of our customers called and asked if I would call one of their friends, another rural water district. On my visit to the prospect, I found out their current agent, from Dallas, …

Managing the risk of lawsuits against lawyers

With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale brokers seeking to grow their business. In any given year, five to six practicing …

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 writing insurance and bonds for contractors and consultants with pollution exposures for 20 years. …

Business Owners and Commercial 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. CNA Connect provides agents with access to more eligible classes, broader coverages, more optional coverages, flexibility …

Miscellaneous Medical Malpractice

Nuts & Bolts: NAS Insurance Services’ miscellaneous medical malpractice insurance program has several new features including deductibles under $2,500. The coverage can now be underwritten with greater rate flexibility and is available combined with GL and professional liability. Special features …

Commercial Builder’s Risk Catastrophe

Nuts & Bolts: International Catastrophe Insurance Managers LLC and Lantana Insurance Ltd., a member of the Glencoe Group of Companies, launched a commercial Builder’s Risk catastrophe product to be written on a surplus lines basis in Texas, Louisiana, Mississippi, Alabama, …

Producers’ own liability grows as they and their clients expand

Property and casualty insurance agents and brokers are being exposed to more lawsuits as they move into unfamiliar products, states and technologies, and as their clients do the same. Cus-tomers and juries see agents and brokers as experts who should …

People & Places

The Insurance Council of Texas elected James Langford as chairman of its Board of Directors effective Jan. 1, 2006. Langford is the assistant vice president of compliance, regulatory and governmental affairs, and training at the Texas Farm Bureau Insurance Companies …

Texas Governor to address agents at management seminar

Texas Gov. Rick Perry will deliver a special luncheon address at the Independent Insurance Agents of Texas’ 43rd Annual Joe Vincent Management Seminar. Nearly 400 of the state’s most progressive and influential independent insurance agency principals and managers are expected …

Ark. Court: Insurers Don’t Have to Pay for Wreck

An insurance company doesn’t have to defend or pay the claims of a Pulaski County woman whose 15-year-old son wrecked the family car, the Arkansas Court of Appeals ruled. The court upheld a judge’s ruling that Southern Farm Bureau Casualty …