Idaho News

Home Inspectors, Law Firms and Accountants

Nuts & Bolts: Avon, Conn.-based Target Insurance Services has available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50+ in size); and professional liability for accountants. Through the professional liability program …

PIA Western Alliance Names First Board of Directors

The PIA Western Alliance Board of Directors has elected its first set of officers. Formed in October of 2004, the Board of Directors consists of two officers from each of the four affiliate chapters that make up the Western Alliance: …

Zurich Provides Political Risk Insurance for Bolivian Silver and Tin Mining Project

Zurich’s U.S.-based unit will provide political risk insurance for construction and operation of a modern silver and tin mining operation in Bolivia. The Overseas Private Investment Corporation (OPIC) is co-insuring the project with political risk coverage. Zurich’s political risk unit …

Insurers Warn in Study: Unprofitable Del. Auto Insurance Market Could Face Reduced Competition

Even after investment income is considered, underwriting private passenger automobile insurance in Delaware has been unprofitable for the past five years, according to a study done by the Property Casualty Insurers Association of America. The primary reason for these poor …

Target Insurance Services Launches 3 New Programs: Home Inspectors, Large Law Firms, Accountants

Avon, Conn.-based Target Insurance Services is making available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50+ in size); and professional liability for accountants. All three programs are backed by a …

IDAHO PASSES CONTRACTOR BILL:

A bill requiring building contractors to carry at least $300,000 in liability insurance recently passed the Senate and will now go to Governor Dirk Kempthorne, according to the Idaho Press-Tribune. The bill, which passed 23-11, also requires contractors to register …

People & Places

Michael Moran Michael F. Moran has joined California-based wholesale broker Network E&S Insurance Brokers, LLC, as a partner and its chief operating officer. His immediate responsibility will be to establish and to staff an office in Los Angeles. Moran brings …

Residential and General Contractors

Nuts & Bolts: McFall General Agency Inc. is offering coverage for residential and general contractors for the small to medium size general contractor for both commercial and residential projects. Habitational work is limited to eight or fewer units in any …

S&P Lowers AIG Ratings to ‘AA+’; To Hold Conference

And then there was one. The announcement late yesterday, March 30, that Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior debt ratings on American International Group Inc. to “AA+” from “AAA”, leaves Berkshire Hathaway’s insurance …

Fireman’s Fund to Offer ID Theft Restoration Services

Fireman’s Fund Insurance Company announced that it will provide Identity Theft Restoration Services nationally, offering customers access to a personal counselor who can help identity theft victims with the legal and logistical burden of putting their lives back together. This …