November 25, 2003
A.M. Best Co. has affirmed the financial strength rating of “A++” (superior) of National Indemnity Group, a subsidiary of Omaha, Neb.-based Berkshire Hathaway Inc. The rating applies to National Indemnity Company and its eight affiliated non-life and life insurance companies …
November 25, 2003
Seattle-based Safeco Business Insurance (SBI) has expanded its online sales platform to make it faster and easier for agents to sell workers compensation insurance to small businesses. The update means agents can go online to quote, bind and instantly issue …
November 14, 2003
Columbus, Ohio-based brokerage giant Assurex Global announced the appointment of new directors and officers to the its board of directors for 2004. Officers include Chairman Gregory S. Belton of Hunter Keilty Muntz & Beatty Ltd., Toronto, Ontario, Canada; Chair-Elect Kent …
November 3, 2003
Nuts & Bolts: General Fire & Casualty Company (www.genfireins.com) launched a new livestock insurance product, The CattleGuard. The policy provides coverage for loss involving certain diseases, such as FMD (foot-and-mouth disease), BSE (aka “mad-cow” disease), hydrophobia (rabies), anthrax (charbon or …
November 3, 2003
Nuts & Bolts: Helix Insurance has a market available for healthcare environmental liability. Dollars: $1 million per claim/$5 million Agg. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A”-Rated. Non-admitted market. States Available: Alabama, …
November 3, 2003
Nuts & Bolts: The Princeton Agency/United Underwriting Agency is offering a market for monoline workers’ compensation. Dollars: EL up to $1M/$1M/$1M. No minimum premium up to $50,000. Carrier: Rochdale Insurance Company, Technology Insurance Company, The Hartford, The Guard. Rated “A-” …
October 20, 2003
Nuts & Bolts: AmTrust North America is offering a workers’ compensation market. Dollars: Minimum premium of $500. No deductibles. Carrier: “A-” rated. Technology Insurance Co., Rochdale Insurance Co. Admitted market. States Available: Alabama, Arizona, Arkansas, Georgia, Illinois, Indiana, Kansas, Missouri, …
October 15, 2003
ACE INA UK Limited, a London-based operation of the ACE Group of Companies, is now eligible to offer insurance on an Excess & Surplus lines (E&S) basis in more than 30 U.S. states, including New York and Texas. ACE INA …
October 15, 2003
General Fire & Casualty Company (www.genfireins.com) announced the launching of its new livestock insurance product, The CattleGuard. The policy is available, subject to underwriting, in the following states: Arizona, Colorado, Idaho, Iowa, Kansas, Missouri, Nevada, North Dakota, Oklahoma, South Dakota, …
October 6, 2003
Nuts & Bolts: Helix Insurance has a market available for healthcare environmental liability. Dollars: $1 million per claim/$5 million Agg. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A” Rated. Non-admitted market. States Available: …