Minneapolis, Minn.-based workers’ compensation program manager RTW Inc. announced that its board of directors has elected Jeffrey B. Murphy, the company’s current chief financial officer to the position of president and CEO of RTW effective immediately. Murphy succeeds J. Alexander …
Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has expanded its Excess Flood Coverage to 17 additional states across the country, bringing the total to 32 states …
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 …
The Association for Cooperative Operations Research and Development (ACORD) and the Mortgage Bankers Association (MBA) have announced the finalization and release of ACORD Form 28, “Evidence of Commercial Property Insurance,” a new standard form that meets the specific needs of …
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 …
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, …
AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), has expanded its Excess Flood Program to 17 additional states across the country, bringing the total to 32 states nationwide. Since AIG …
The notice condition in general liability policies requires that the insured provide the insurer with timely notice of any potential occurrence and the receipt of suit papers. Failure to give proper notice of either of these events constitutes “late notice” …
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 …
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, …
