Trucking
Nuts & Bolts: AIX Group, Inc., a specialty insurance holding company, has formed a program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss experience and fleets between five and 75 units. Commercial light, medium, heavy and extra heavy trucks, tractors, trailers or semi-trailers up to ten years old may be insured. AIX Group will source this business through agents with a minimum of $100,000 in controlled APD premiums in the trucking sector.
Dollars: Up to $250,000 per unit; maximum total insurable values per schedule $5 million
Carrier: Nova Casualty Co. rated “A-” VII by A.M. Best. Admitted.
States: Ariz., Fla., Iowa, Idaho, Ill., Ind., Kan., La., Maine, Mich., Mo., Neb., Nev., Ohio, Penn., S.C., Tenn., Utah, Wis., Wyo., Calif.
Contact: Jeff Moran at 1-860-683-9876 or e-mail jmoran@aixgroup.com.
Jewelers Block
Nuts & Bolts: Dowell/IAS is offering coverage for jewelry trade including retail and wholesale operations, transit, premise and fidelity coverages. Coverages also applicable for fine arts and collectibles businesses.
Dollars: Varies.
Carrier: Lloyds of London, rated “A” by A.M. Best. Admitted and non-admitted.
States: Calif., N.J., N.Y., N.C., Penn., S.C., Texas.
Contact: Laurette A. Merusi at 201-794-7144 or e-mail lmerusi@dowellins.com
Health Clubs & Fitness Facilities
Nuts & Bolts: K&K Insurance Group offers a complete line of programs for health and fitness operations including health clubs, sport clubs, fitness centers, wellness clubs, racquet and tennis clubs, gyms and fitness instructors.
Dollars: Up to $10 million.
Carrier: Great American Assurance and Nationwide Mutual, rated “A” and “A+” respectively by A.M. Best. Admitted.
States: All
Contact: Marketing at 866-554-4636 or e-mail KK_general@kandkinsurance.com.
Printers E&O
Nuts & Bolts: Insurebest.com is offering errors & omissions professional liability coverage for printers, graphic designers, ad agencies, marketing firms, quick print stores, mailing stores, binderies and fulfillment companies.
Dollars: $300,000 to $5 million.
Carrier: Utica National, rated “A” by A.M. Best. Admitted and non-admitted.
States: Conn., Del., Fla., Ill., Ind., Maine, Mass., Mich., Minn., N.H., N.J., N.Y., N.C., Ohio, Penn., R.I., Texas, Vt., Va., and D.C.
Contact: Call Insurebest at 800-425-7873 or e-mail info@insurebest.com.
‘Micro-Cap’ Companies’ D&O
Nuts & Bolts: The Chubb Group of Insurance Companies has introduced specialized directors and officers liability insurance for publicly traded companies with market capitalizations of $100 million or less. These “micro-cap” coverage enhancements can be added to Chubb’s D&O liability insurance policy. Coverage highlights include: Independent directorship liability, which may help protect outside directors by offering up to an additional $1 million of coverage outside the D&O policy limit for independent directors; amended exclusionary conduct wording that requires final adjudication to establish fraud and illegal personal profit; a definition of claim enabling the policy to be triggered if an insured person is investigated by a regulatory or law enforcement authority. Also Chubb’s non-rescindable endorsement is designed to preserve coverage for directors and officers by providing full severability and is completely non-rescindable for all D&O policy insuring clauses.
Dollars: Up to $25 million.
Carrier: Rated “A++” by A. M. Best. Admitted.
States: All
Contact: Tony Galban at 908-903-4590 or e-mail galbanT@chubb.com.
Commercial Auto
Nuts & Bolts: American Service Insurance Co. is offering commercial auto liability including non-standard auto, light commercial trucks, taxis, and medi-vans.
Dollars: Up to $1.5 million, underwriter approved.
Carrier: American Service Insurance Co., rated “A-” by A.M. Best. Admitted.
States: Ill., Ind., Ohio and Mo.
Contact: Bob Fattore, vice president, at 847-472-6849 or e-mail rfattore@asilink.com.
Architects & Engineers Professional
Nuts & Bolts: The King Support System Insurance Services’ new program targets professional liability for architects, interior designers and landscape architects, land surveyors and licensed construction managers,civil, structural, electrical, HVAC, mechanical and other miscellaneous engineering services.
Dollars: $1 million to $5 million.
Carrier: Rated “A-” by A.M. Best. Non-admitted.
States: California.
Contact: Sara Doyle at 949-488-2255 or e-mail PL@kinginsuranceca.com.
Excess Food
Nuts & Bolts: International Excess is now offering flood insurance in excess of the National Flood Insurance Program (NFIP) for buildings, contents and loss of income.
Dollars: $15,000 to $15 million.
Carrier: Underwriters at Lloyds of London, rated “A” by A.M. Best. Non-admitted.
States: All, except Alaska and Hawaii.
Contact: W. Flagg Pavlik at 800-937-3497, ext. 2089 or e-mail fpavlik@intlxs.com.
Was this article valuable?
Here are more articles you may enjoy.
Vintage Ferrari Owners’ Favorite Mechanic Charged With Theft, Fraud 
Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination 
Former Congressman Charged After Collision with State Trooper in Florida 
Progressive Gains as Drivers Shop Around for Auto Insurance—Again From This Issue
