Report: Insurers did not shift wind claims p:”Our sample revealed no evidence that wind damages were improperly attributed to flooding,” the Department of Homeland Security reported after reviewing 98 flood claims. A preliminary report from the federal government found no …
Environmental Consultants-Contractors Nuts & Bolts: As part of the comprehensive coverage care suite of products, ELM Insurance Brokers has an addition to its errors and omissions/directors and officers/ employment practices liability/crime and fiduciary suite, environmental liability for consultants and contractors’ …
Alabama ceiling “It’s horrible. Rates have gone through the ceiling.” — Fort Morgan, Ala., builder Greg Miller who said he paid $22,000 in coverage on four condo units before Katrina and now pays $108,000 on his units for less coverage. …
The surplus lines market continues to be the insurance industry’s most dynamic sector. Despite softening market conditions, and more recently the subprime lending crisis, it continues to thrive. New products continue to be introduced, while older programs are updated. More …
Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and business …
Owners of thousands of condominiums that line the Alabama Gulf Coast say they’re getting burned by soaring insurance premiums and insurance legislation to make coverage available and affordable on the coast couldn’t come soon enough for the resort real estate …
The following is a letter sent by R.I. State Rep. Brian Patrick Kennedy, who is also vice president of the National Conference of Insurance Legislators, to Walter A. Bell, Alabama insurance commissioner and current president of the National Association of …
Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage available includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and …
Medical Staffing Professional Liability Nuts & Bolts: International Excess Agency Inc. is offering claims-made allied health care stand alone professional liability insurance. A PL/GL combo program is also available. Dollars: $100,000 to $10 million. Carrier: Lloyds of London rated “A” …
The following is a letter sent by R.I. State Rep. Brian Patrick Kennedy, who is also vice president of the National Conference of Insurance Legislators, to Walter A. Bell, Alabama insurance commissioner and current president of the National Association of …
