September 24, 2007
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 …
September 24, 2007
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 …
September 24, 2007
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’ …
September 24, 2007
From the executive office of the Greater New York Mutual Insurance Companies on Madison Avenue in the heart of New York City, Warren Heck, chairman and chief executive officer, can see Illinois. “It’s fantastic, unbelievable. I get very excited when …
September 24, 2007
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” …
September 24, 2007
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 …
September 19, 2007
The leader of an arson ring that collected more than $400,000 in fraudulent insurance claims for fires in three New York counties is scheduled to surrender Sept. 18 to serve a 10-year federal prison sentence, according to state officials. James …
September 19, 2007
Los Angeles-based Heritage General Agency’s personal lines facility has added a new admitted market for homeowner coverage. Program features include full cost replacement for both the home and personal property with no deduction for depreciation. Other covered structures include unattached …
September 6, 2007
Fitch Ratings has downgraded the long-term debt ratings of the Radian Group Inc. to ‘A-‘ from ‘A’ and the insurer financial strength (IFS) ratings of all Radian’s mortgage insurance subsidiaries to ‘AA-‘ from ‘AA’. Fitch also assigned a negative outlook …
September 3, 2007
Insurance Agents E&O Program Nuts & Bolts: Brown & Brown of California Inc. – Programs Division has a new errors and omissions market designed for agents that have been in the industry three or more years, with revenue under $3 …