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” …
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’ …
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 …
With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance distributed through independent agents in the country. …
Private Schools (K-12) Nuts & Bolts: Markel Insurance Co. is an admitted, “A” -rated carrier that insures private K-12, Montessori, charter, trade/vocational, business, and correspondence schools. Available coverage includes general liability, umbrella, sexual abuse/molestation, corporal punishment, educators’ liability, sports liability, …
Declarations Drive efficiencies “This will result in greater transparency in the rate-making process, increased price competition and lower premiums for employers because it will drive carriers to achieve greater efficiency. Fostering competition will also make the state more attractive to …
A Massachusetts consumer group and Attorney General Martha Coakley urged Insurance Commissioner Nonnie Burnes to incorporate more consumer protections and ban the use of credit scores in her proposed auto insurance deregulation plan at a public hearing. “We all like …
The House of Representative approved by a vote 312-110 H.R. 2761, the Terrorism Risk Insurance Revision and Extension Act of 2007 (TRIREA), legislation that extends and revises the federal terrorism insurance backstop for 15 years. The current federal terrorism insurance …
A major hurricane making landfall in Massachusetts could cause billions of dollars worth of property damage while also severely straining the resources of the state’s residual homeowners’ insurance market, the FAIR (Fair Access to Insurance Requirements) Plan, according to the …
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 …
