New Markets

January 13, 2008

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.

Small Residential General Contractors
Nuts & Bolts: NSM Insurance Group is offering coverage for general contractors who build 25 or fewer homes per year and subcontracts 70 percent or more. In-house rating and underwriting is available; no warranty requirements.
Dollars: $1 million/$2 million; $5 million umbrella.
Carrier: Rated “A+” by A.M. Best. Admitted and non-admitted.
States: Ala., Alaska, Ark., Conn., Fla., Ga., Idaho, Ill., Ind., Iowa, Kan., Ken., La., Maine, Miss., Mich., Mo., Neb., N.H., N.M, N.C., N.D., Ohio, Okla., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wis. and Wyo.
Contact: Jennifer Chapman at 800-970-9778, ext. 186 or e-mail smallGCs@nsminc.com.

Real Estate Owners Umbrella Program
Nuts & Bolts: PGI Commercial is offering an umbrella program with $5 million to $25 million limits available. The program is open to the following classes: apartment buildings, condominiums, homeowners associations, hotels, motels, golf courses, office buildings, commercial retail buildings and warehouses.
Dollars: $5 million to $25 million.
Carrier: Member companies of AIG rated “A+” by A.M. Best. Admitted.
States: Ariz., Calif., Colo., Conn., Ill., Ind., Md. Mich., N.V., N.J., N.Y., Ohio, Ore., Penn., R.I., Tenn., Texas, Utah, Wash. and Wis.
Contact: Richard Trezza at 973-631-7575 or e-mail rtrezza@pgicommercial.com.

Property Managers Program
Nuts & Bolts: JGS Insurance & Preferred Property Programs is offering a business owners policy with professional liability limits up to $10 million for professional or general liability. Coverages for BOP include: automobile; equipment breakdown/boiler and machinery; crime/fiduciary as well as professional or errors and omission (E&O).
Dollars: $1 million to $10 million.
Carrier: Rated “A+” XV by A.M. Best. Admitted.
States: All.
Contact: Carmen Suarez at 888-548-2465 or e-mail csuarez@jgsinsurance.com.

Banking — Mortgage Impairment
Nuts & Bolts: Anthony R Davis Agency Inc. is offering mortgage impairment coverage. The product provides errors and omissions and mortgage servicing coverage and 90-day blanket coverage for no-show of homeowner and flood insurance.
Dollars: Varies.
Carrier: Travelers rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Patti Abbott-Bozzo at 908-233-8040 or e-mail pat@ardavisagency.com.

Co-Ops
Nuts & Bolts: Commercial umbrella coverage for condominiums, co-ops, apartment buildings and commercial real estate is now offered by the New Empire Group.
Dollars: $5 million to $100,000 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: Ala., Ark., Calif., Conn., Del., Fla., Ga., Ill., Ind., Iowa, Maine, Md., Mass., Mich., Minn., N.H., N.J., N.M., N.Y., N.C., Ohio, Penn., R.I., S.C., Tenn., Texas, Vt., Va. and W.Va.
Contact: James O’Neill at 866-431-8100 or e-mail jimo@newempiregroup.com.

Pipeline Construction
Nuts & Bolts: San Diego-based Sloan Mason is offering a provision of competitive coverages for pipeline construction contractors. Coverages include workers’ compensation, general liability, umbrella liability, auto, inland marine and property.
Dollars: $1 million, workers’ compensation; $1million, auto; $5 million umbrella.
Carrier: Rated “A” XV by A.M. Best. Admitted.
States: All.
Contact: Michael Tourtellott at 619-325-1719 or at michael@sloanmason.com.

Allied Medical Organizations PL/GL
Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC is offering a policy that covers a broad range of medical malpractice and general liability exposures and is available on an occurrence form. Allied health care facilities are those businesses that provide medical services directly to a patient or client and are ancillary to physician and hospital care. Included in this group are home healthcare agencies, supplemental medical staffing, hospices, dialysis centers, medical testing laboratories, substance abuse rehabilitation and outpatient rehabilitation facilities for the impaired.
Dollars: $1 million to $10 million.
Carrier: Rated “A” by A.M. Best. Non-admitted.
States: All.
Contact: Matt Gervin at 480-281-3850 or e-mail mattg@travped.com.

Excess Workers’ Compensation
Nuts & Bolts: The SFA team is offering the development, design and implementation of self-insured workers’ compensation programs nationwide. SFA works with a wide network of retail agents throughout the country and can provide access to the entire excess workers’ compensation marketplace.
Dollars: Varies by state statute.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Malika Adams at 215-860-7444 or e-mail sfainfo@self-fundedalternatives.com.

Fire & Water Restoration Contractors
Nuts & Bolts: National E&S Insurance Brokers Inc. is offering coverage for qualified fire and water restoration contractors in the United States. Coverage can be written to include the general liability, contractor pollution and professional liability. The professional liability is written in accordance with the S520 and S500 standards of IICRC.
Dollars: The minimum premium is $2,500 without mold coverage and $5,000 with mold coverage. Limits $1 million to $11 million.
Carrier: Rated “A” by A.M. Best. Admitted and non-admitted.
States: All except Hawaii.
Contact: Cesar Baragan at 661-266-4444 or e-mail cesar@nationaleands.com.

Wedding and Reception Insurance
Nuts & Bolts: Francis L. Dean & Associates Inc. is now offering wedding and wedding reception insurance, including host liquor. This $1,000,000 liability program is for weddings of all sizes. The coverage is easy to rate and policies may be issued within hours.
Dollars: From $250 for a one day wedding event or $295 for a three-day package. Limits $1 million to $5 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Shannon Morford, 800-745-2409 ext. 122, e-mail Smorford@fdean.com.

Topics Texas Ohio AM Best

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