Operations News

10 S.C. setback on workers’ comp

Commission rejects Gov. Sanford’s order on standards 10 Private market in Fla. takes on Citizens’ policies Insurers pick up 173,000 policies from the state-backed insurer 10 Workers comp rate decisions News from Fla. and N.C. regulators 12 In the hot …

My New Markets

Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …

10 Calif. DOI partners with CAL FIRE

Groups aim to prevent fire losses during height of wildfire season 10 Hawaii approves 19.3% workers’ comp decrease NCCI recommended 16.8 percent drop 10 Calif. approves AAA’s 6.5% auto rate reduction Carrier complies with auto rating factor regs 11 Survey: …

National Contractors Insurance Company, Inc.

NCIC, a Risk Retention Group, Secures AM Best Rated A- (Excellent), Class Viii, Reinsurance for its Contractor General Liability Program This is a real reinsurance program, not some unspecified excess of loss being used by some of its competitors. NCIC’s …

PPIB Enhances Medispa Program

Professional Program Insurance Brokerage has announced enhancements to its medispa program. Changes include automatic coverage for laser work skin types V & VI at no additional premium for technicians who meet underwriting guidelines and removal of the Botox sublimit for …

6 N.Y. City may be liable for 9/11 workers

Court panel casts doubt on immunity claim 6 N.H. judge questions medical malpractice screening panels They may cost time and money 8 Mass. finalizes managed competition auto insurance regulation But the road to competition has limits N1 Off-year election 2007 …

8 S.C. chief urges pre-set

hurricane damage formula Looking to minimize claims litigation 8 West Virginia lawmakers may reassert workers’ comp oversight But will they scare insurers from the state? 9 Florida brings back no-fault Lawmakers add anti-fraud provisions 9 It’s wait ’til next year …

8 La.’s $100 million incentive program begins

State hopes to increase private market property coverage 8 State Farm Texas rate hike denied Administrative law judges say 9.1% is too much 8 Insurance complaints decline in Texas Homeowners line dropped the most 10 Surplus lines execs debate issues …

My New Markets

Tattoo and Body Piercing Nuts & Bolts: Marine Agency Corp. is offering professional liability, package, umbrella, and workers’ compensation for tattoo and body piercing businesses. Carrier: AIG rated “A” by A.M. Best. Admitted. States: All. Contact: Charlie Stevens at 800-763-4775 …

Assessing and managing wildfire risk

This summer, much of the western United States was in flames. Wildfires spurred by above-normal spring and summer temperatures, and one of the worst droughts in decades charred several million acres across the 11 western states. Between July 16 and …