New Markets

January 27, 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.

Three Year Policies — EPLI
Nuts & Bolts: International Excess is offering online quotes at www.intlxs.com on its employment practices liability insurance program for firms with fewer than 500 employees. Annual installments, aggregate limits are reinstated annually. Features include defense outside the limits, optional coverage for punitive damages, optional third-party discrimination and harassment coverages, Fair Labor Standards Act sublimit for defense costs and loss, a defense and settlement provision, wrongful acts includes Internet and e-mail, full prior acts, and a free human resource consultation helpline. Classes of business include auto dealers, law firms, mortgage companies, real estate agencies, banks, accounting firms, insurance agencies and 50 other classifications.
Dollars: $100,000 to $5 million.
Carrier: US Liability Insurance Group rated “A++” by A.M. Best. Admitted.
States: All.
Contact: Kenneth Kukral at 216-797-9700 or e-mail ken@internationalexcess.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 nationwide network of retail agents and to provide access to the excess workers’ compensation marketplace.
Dollars: Varies by state statute.
Carrier: Rated “A” by A.M. Best. Admitted.
States: TEXT.
Contact: Malika Adams at 215-860-7444 or e-mail sfainfo@self-fundedalternatives.com.

Apartment Buildings Program
Nuts & Bolts: PGI Commercial is offering a comprehensive package facility for apartment buildings.
Dollars: Up to $30 million.
Carrier: Praetorian Insurance Co. rated “A-” by A.M. Best. Admitted.
States: Ariz., Calif., Colo., Idaho, Ill., Ind., Md., Mich., Nev., N.J., N.M., N.Y., Ohio, Ore., Pa., Texas, Utah, Wash., D.C., Wis.
Contact: Richard Trezza at 973-631-7575 or e-mail rtrezza@pgicommercial.com.

Taxi Program
Nuts & Bolts: BISYS Commercial Services acting as a managing general agent has a taxi program with a carrier that has written this type of business for more than 50 years. The program has auto liability, physical damage, and hired and non-owned. The carrier also can write limousines, airport buses or airport limousines, and social service autos. The program also has general liability.
Dollars: Varies.
Carrier: Rated “B+” by A. M. Best. Admitted.
States: Ill., Ind., Iowa, Ky., Mass., Mich., Minn., Nev., N.Y., Ohio, Okla., Pa., Texas, Wis.
Contact: Cathy Perry at 877-247-9772 or e-mail bspmarketing@bisys.com.

Outbreak/Contagion — Extra Expense
Nuts & Bolts: USX/S offers first party coverage (cash to insureds) should their operations be suspended by a public health official due to a covered contagion outbreak or infestation, or by police due to a workplace violence event. Communicable disease, e-coli, salmonella, Legionnaires, avian flu, mold, fungus, mold, vermin/insect infestation, water-borne pathogen are covered. No tricky formulas, no coinsurance, no payroll or financial records. You select the daily limit per location and collect upon proof of loss.
Dollars: $2,500 to $50,000.
Carrier: Rated “A” VIII by A.M. Best. Admitted.
States: All.
Contact: David Stahl at 440-888-7300 or e-mail DaveS@USXS.net.

Military Housing
Nuts & Bolts: Venture Insurance Programs, a program administrator, has introduced a proprietary guaranteed cost program with Travelers National Programs to provide specialty casualty coverage to the military housing industry. The company offers workers’ compensation, general liability and auto liability coverage.
Dollars: Varies.
Carrier: Travelers Indemnity Co. rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Ann Troncelliti at 800-282-6247, ext. 265 or e-mail atroncelliti@ventureprograms.com.

Solo/Small Firm Lawyers
Nuts & Bolts: Travis-Pedersen & Associates of Arizona LLC offers a program for law firms with 10 or fewer attorneys and is interested in providing coverage for solo practitioners. Classes include, but are not limited to: criminal, estate/trustee/probate, immigration, bankruptcy, class action/mass tort, collections/repossessions, intellectual property and mergers and acquisitions.
Dollars: $100,000 to $5 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: Ala., Ariz., Ark., Calif., Colo., Conn., Del., Fla., Ga., Idaho, Ill., Ind., Iowa, Kan., Ky., Maine, Md., Mass., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.H., N.M., N.Y., N.C., N.D., Ohio, Okla., Pa., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., D.C., W.Va., Wis., Wyo.
Contact: Matt Gervin at 480-281-3850 or e-mail mattg@travped.com.

Auto Parts
Nuts & Bolts: SHG Insurance Services LLC is offering commercial general liability including products for manufacturers, distributors and importers of original equipment manufacturers and aftermarket auto/vehicle parts. New ventures and established companies are accepted.
Dollars: Up to $2 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: William Ambler at 805-686-1148 or e-mail billambler@shgins.com.

U.S. and International Products
Nuts & Bolts: MarketScout is offering worldwide coverage for U.S. companies. Most domestic liability insurance only provides coverage in the U.S. MarketScout provides general liability and products coverages for foreign claims. Coverage is available in many countries and jurisdictions.
Dollars: $1 million to $2 million.
Carrier: Rated “A++” by A.M. Best. Admitted.
States: All.
Contact: John Gaskill at 972-934-4212 or e-mail jgaskill@marketscout.com.

CIC Agent’s E&O Program
Nuts & Bolts: MarketScout is offering an agent’s errors and omissions program. To qualify, 40 percent of the agency’s professional staff must be enrolled in a Certified Insurance Counselor (CIC) or Certified Insurance Service Representative (CISR) program.
Dollars: $1 million to $15 million.
Carrier: Rated “A” by A.M. Best. Admitted and nonadmitted.
States: All.
Contact: Norm Alberigo at 972-934-4275 or e-mail nalberigo@marketscout.com.

Preferred Restaurants — Liquor Liability
Nuts & Bolts: International Excess Agency Inc. is offering a program for liquor liability on preferred restaurants. Most competitive restaurant rates are available on this class. Assault or battery coverage is included. There is no deductible. Defense costs are outside the policy limits. Employees are automatically covered as an insured on the policy. The policy includes an expanded definition of bodily injury and per location aggregate.
Dollars: $100,000 to $2 million.
Carrier: International Excess Agency, Inc. rated “A++” by A.M. Best. Admitted and nonadmitted.
States: Calif., Fla., N.Y., Ohio, Pa., Texas.
Contact: Kenneth Kukral at 216-797-9700 or e-mail Ken@internationalexcess.com.

Topics USA Texas Ohio AM Best

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