Utah News

New Markets

Builders & Tradesmen’s Commercial Package Nuts & Bolts: Builders & Tradesmen’s Insurance Services Inc., Rocklin, Calif., has a new commercial package policy available in California underwritten by One Beacon. Eligible classes are garage, manufacturers, offices, restaurants, apartments and many more. …

New Markets

Parking and Valet Operators Nuts & Bolts: USRisk Brokers has a new Parking and Valet Operators Program designed for businesses engaged in parking customers’ cars, such as self-parking garages and lots, assisted parking, valet parking and parking for special events. …

Keeping score

Although 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases are …

Case Law Watch

Additional Insureds Alpha Holdings Ltd. v. Travelers Indemnity (California Court of Appeals, Second District, July 13, 2006) Ruling: This case involved a declaratory judgment action on insurance coverage under a vendor’s endorsement purporting to provide protection against product liability litigation. …

New Markets

Parking and Valet Operators Nuts & Bolts: USRisk Brokers has a new Parking and Valet Operators Program designed for businesses engaged in parking customers’ cars, such as self-parking garages and lots, assisted parking, valet parking and parking for special events. …

New Markets

Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory …

New Markets

Real Estate Appraisers Nuts & Bolts: San Diego-based AMIS (Alliance Marketing and Insurance Services) is offering broader package policies for real estate appraisers handling residential and commercial property. This policy offers commercial general liability coupled with errors and omissions and …

Case Law Watch

Additional Insureds Alpha Holdings Ltd. v. Travelers Indemnity (California Court of Appeals, Second District, July 13, 2006) Ruling: This case involved a declaratory judgment action on insurance coverage under a vendor’s endorsement purporting to provide protection against product liability litigation. …

Editor’s Note: Keeping score

Although 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases are …

Business Moves

Goldman Sachs, USI Holdings Insurance broker USI Holdings Corp. agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs and Co., in a transaction valued at approximately $1.4 billion, including repayment of USI’s existing debt …