New Markets Nuts & Bolts: AIG Excess Casualty, a division of American Home Assurance Company, part of American International Group Inc., introduced xsInResponse, a new product that provides excess liability coverage for risks previously covered by an insurance carrier that …
NewMarkets 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 …
New Markets 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 directors’ and officers’ or partnership liability. Both new ventures and …
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 …
Nuts & Bolts: St. Paul Travelers expanded its appetite for architects and engineers business to include a variety of construction and design consultants. Previously, only licensed or registered architects and engineers, landscape architects and land surveyors were eligible for coverage. …
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 …
Nuts & Bolts: The Chubb Group of Insurance Companies developed an errors and omissions insurance policy for large financial institutions. BPL for Financial Institutions addresses traditional banking exposures, such as the taking of deposits and loan making, but can also …
Nuts & Bolts: Hull & Co., Stockton, Calif., has added another company to its array of contractors markets. The new market is Best’s rated “A,” IX and writes both general contractors and artisans. Key features include the writing on occurrence …
Nuts & Bolts: Los Angeles-based Lemac & Associates has added a new market for residential contractors in California. This is a non-admitted market for contractors including wrap-ups for single family and multi-family projects, residential generals (can do project specific), artisans, …
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, …
