Program Business News

Western Security Surplus Launches Admitted Bar, Restaurant Program in Calif.

Western Security Surplus Insurance Brokers has launched a bar, tavern and restaurant program in California. This is a brand new program in the California market, offering businesses products with access to an A- X rated, admitted market. In addition to …

The Business of Insuring Correctional Facilities

Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot got caught in a grain auger at the prison dairy. A Howard County, Indiana, inmate files a lawsuit claiming the …

AAIS Revises Mobile-Homeowners Forms, Endorsements, Manual

The American Association of Insurance Services (AAIS) has developed and filed a comprehensive revision to its mobile-homeowners program. AAIS is a national insurance advisory organization that develops policy forms and rating information used by more than 700 property/casualty insurers throughout …

Argo Insurance, Britt/Paulk Form New Pest Control Program

Argo Insurance’s Commercial Specialty Programs unit will partner with Britt/Paulk Insurance Underwriters to offer insurance for residential and commercial pest control operators. The pest control program, which will be rolled out initially in 14 states,* will offer a package product …

Willis Launches Insurance Program for Equipment Rental Industry

Willis Programs of New Hampshire, Inc., a unit of Willis Group Holdings, has introduced a customized insurance product for rental yards and the equipment rental industry. Rent-itGuard will meet the insurance and risk management needs of businesses engaged in the …

OneBeacon Forms New Specialty Program Group

OneBeacon Insurance Group Ltd. has formed a new specialty business, OneBeacon Program Group (OBPG), which will be led by President Dan Beaudette. The group will focus on small to medium commercial business written through select managing general agents, managing general …

Ironshore Specialty Casualty Introduces Program for Firearm Risks

Ironshore Inc. has announced that its Specialty Casualty unit will provide casualty coverages for Cochrane and Company’s new Ammunition and Rifle Manufacturing Specialist Program. Additional coverage enhancements will be available to address the needs of firearm manufacturers and importers, retailers/dealers, …

Breckenridge Creates Program Business Underwriting Facility

Breckenridge Insurance Group has formed Blue River Underwriters, a program business facility. Blue River will manage and underwrite Breckenridge’s specialty program business. The new facility will open in Breckenridge’s suburban Atlanta headquarters, but the company will continue to operate underwriting …

Swett & Crawford Acquires Missouri-based Aviation Program Manager

Wholesale insurance intermediary, Swett & Crawford, announced it has acquired The ABC Program, an underwriting facility based in St. Louis, Mo., from AHM Financial Group LLC. The ABC (Aviation Based Coverage) Program delivers a comprehensive offering of property and casualty …

How to Attract Carrier Attention on Program Business

Agents who use an organized, straightforward method when submitting program business to market will benefit by gaining faster response times from carriers and the potential to create new programs. Kenneth Robinette, of Bellingham Underwriters Inc., a commercial underwriting management firm …