New Markets

Commercial Property

Nuts & Bolts: AXIS U.S. Insurance’s excess and surplus property unit is now offering property insurance coverage for U.S.-based lumber, wood products and furniture risks. The underwriting of this specialized business includes logging operations, sawmills, planing mills, manufacturers of wood …

Restaurant Package

Nuts & Bolts: Venture Programs Inc. added a restaurant package through Alea North America Ins. Co. to its Venture Hospitality program. The restaurant package includes property, general liability, liquor liability, automobile, inland marine and crime. Restaurants insured through Venture Hospitality …

Contractors

Nuts & Bolts: Sandy, Utah-based Prime Ins. Syndicate Inc. is offering excess and surplus lines products to contractors and developers, including contractor’s liability coverage for property/casualty in both residential and commercial business and general liability coverage for premises, work performed …

Wholesale Distributors

Nuts & Bolts: The Mattei Cos. is offering a new market for wholesale distributors. Targeted accounts include distributors of beer, wine, soft drinks, water, paper, grocery and auto parts. Coverage includes property, general liability, auto, inland marine, crime and umbrella. …

Amateur Sports Facilities

Nuts & Bolts: Philadelphia Ins. Cos. has a new “Amateur Sports Facilities” program. This product joins a series of products designed for the sports and recreation market including Fitness Centers, Martial Arts Schools and Bowling Centers. The policy provides coverage …

E&O for Broker-Dealers

Nuts & Bolts: CalSurance launched a specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. CalSurance and Quanta Specialty Lines Ins. Co. have teamed up to offer this program. The E&O program provides protection against claims …

Commercial Property

Nuts & Bolts: AXIS U.S. Insurance’s excess and surplus property unit is now offering property insurance coverage for U.S.-based lumber, wood products and furniture risks. Covered risks include logging operations, sawmills, planing mills, manufacturers of wood building and structural materials, …

Contractors

Nuts & Bolts: Sandy, Utah-based Prime Ins. Syndicate Inc. is offering excess and surplus lines products to contractors and developers, including contractors liability coverage for property/casualty in both residential and commercial business and general liability coverage for premises, work performed …

Restaurants with Liquor

Nuts & Bolts: Midlands Management Corp. has a new market for restaurants with liquor. Dollars: Policy limits of $750,000 property per location; $1 million – $2 million limit for liability. Deductibles of $1,000 on property ($2500 wind and hail); various …

Amateur Sports Facilities

Nuts & Bolts: Philadelphia Ins. Cos. has a new “Amateur Sports Facilities” program that joins a series of products designed for the sports and recreation market, including Fitness Centers, Martial Arts Schools, and Bowling Centers. Provides coverage for facilities where …

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