My New Markets

May 16, 2011

Medical Marijuana Dispensaries
Market Detail: Monarch E&S Insurance Services has a new medical marijuana program available to California & Hawaii agents. This program for medical marijuana dispensaries is offering a package, property and general liability coverages, and can include limited theft coverage on stock/inventory. Property limits up to $2 million are available and the general liability is written on an occurrence form. Medical marijuana growers may fit into this program as well.
Available limits: As needed.
Carrier: Unable to disclose.
States: California and Hawaii.
Contact: Mark Kaufman at 818-249-0100, ext. 225 or e-mail: markk@monarchexcess.com.

Motels
Market Detail: New Empire Group has commercial umbrella coverage limits of $5 million or $10 million for franchised hotels and Motels.
Available limits: As needed.
Carrier: Unable to disclose, admitted.
States: Ala., Ark., Calif., Colo., Conn., D.C., Dela., Ga., Ill., Ind., Iowa, Maine, Mass., Md., Mich., Minn., N.C., N.H., N.J., N.M., N.Y., Ohio, Pa., R.I., S.C., Tenn., Texas, Wash., and W.V.
Contact: James ONeill at 516-280-0198 or e-mail: jimo@newempiregroup.com.

Gun Clubs, Shooting Ranges
Market Detail: The Holdren Insurance Group Inc. offers workers’ compensation coverage for gun clubs, indoor and outdoor shooting ranges (with sales), trap, skeet, sporting clays, archery and bird hunting preserves in the country. The company is looking to partner with agents and brokers nationwide to promote the new program.
Available limits: As needed.
Carrier: Unable to disclose.
States: All states except N.Y. and W.V.
Contact: Chuck Holdren at 310-356-5800 or e-mail: chuck@theholdrengroup.com.

Truck Brokers
Market Detail: Greenwich Transportation Underwriters Inc. has coverage designed for truck brokers that operate on a stand-alone basis or on in conjunction with trucking operations. The company can also write the contingent cargo, errors and omissions and the property and general liability.
Available limits: Minimum $1 million.
Carrier: Markel.
States: All states.
Contact: Ben Armistead at 615-760-7023 or e-mail: info@gtu-ins.com.

Pizza Delivery
Market Detail: Sunderland Insurance Services Inc. offers umbrella, nonowned and hired auto, and excess liability coverage for pizza delivery.
Available limits: Minimum $100,000, maximum $5 million.
Carrier: Markel.
States: All states except Conn., Dela., Iowa, and Okla.
Contact: Holly Belknap at 925-942-4020 or e-mail: holly@sunderlandins.com.

Bars, Night Clubs
Market Detail: M.J. Hall and Co. Inc. offers coverage for bars and night clubs with liquor liability as well as general liability with primary limits up to $3 million occurrence/aggregate. Other included coverages: assault and/or battery limited liability coverage of $25,000 for each event/$50,000 aggregate; medical payments coverage with a $5,000 limit; and additional interests. No deductible required. Property coverage includes: basic, broad or special form; replacement cost or ACV; building; contents; business income; equipment breakdown; accounts receivable; computer equipment; outside signs; valuable papers; and food spoilage. Crime coverage includes: inside the premises and outside the premises.
Available limits: As needed.
Carrier: Unable to disclose.
States: Alaska, Ariz., Calif., Nev., N.M., and Texas.
Contact: Angela Karim at 209-948-8108 or e-mail: angela@mjhallandcompany.com.

From This Issue

Insurance Journal West May 16, 2011
May 16, 2011
Insurance Journal West Magazine

AAMGA Issue, Salute to Super Regionals, Premium Finance Directory

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