Excess Trucking, Transportation
Nuts & Bolts:
Jeffrey L. Heath Inc., dba Heath XS, is now offering excess trucking and transportation including all types of excess auto, except LPG, haz-mat, livery and buses.
Dollars:
Policy limit is $4 million with a minimum premium of $5,000.
Carrier:
ACE American Ins. Co. rated "A-XIV," admitted.
States Available:
All.
Contact:
Jeff Heath, (908) 766-7140 ext. 103 or www.heathxs.com.
Universal Excess
Nuts & Bolts:
The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice, miscellaneous professional and tech errors and omissions products issued by any insurer. Universal Excess is a policy form designed for public and private organizations of all sizes. It follows the primary policy in such key areas as exclusions, definitions and severability clauses and is said to allow the underlying limits to be paid by the insured if the primary insurer becomes financially insolvent.
Dollars:
As an excess policy, the coverage follows the primary policies. Limits go to $25 million depending on the type and size of business, and whether it's public or privately owned. There is no minimum premium.
Carrier:
The Hartford Financial Services Group rated "A+," admitted and nonadmitted.
States Available:
All.
Contact:
Patricia Fitzgerald, (212) 277-0457 or www.hfpinsurance.com.
Trail, Carriage and Pony Rides
Nuts & Bolts:
Agri-Risk Services Inc. in Overland Park, Kan., is offering a market for trail, carriage and pony rides.
Dollars:
Policy allows coverage limits up to $1 million.
Carrier:
Gemini Insurance Company of Greenwich, Conn., rated "A."
States Available:
All except Arkansas, Connecticut, Kentucky, Maine, Mississippi, New Hampshire, New Mexico, Rhode Island, Vermont, Washington and the District of Columbia.
Contact:
Lance Allen, (913) 897-1699 ext. 314, www.agririsk.com.
Contractors Liability
Nuts & Bolts:
Trinity E&S Ins. Services Inc. of Bermuda Dunes, Calif., has expanded its in-house contractors liability program to include the states of Nevada, Arizona, Oregon and Washington. The program, designed for subcontractors, has been written in California for the past several years. For certain sub-classifications there is no residential tract limitation. Risks generating up to $5 million in gross receipts can be accepted.
Dollars:
Minimum premiums start at $7,500. Deductibles range from $1,000 to $2,500 and the limits are $2 million aggregate or $1 million per occurrence.
Carrier:
Arch Specialty rated "A-, XII," nonadmitted.
States Available:
Arizona, California, Nevada, Oregon and Washington.
Contact:
(800) 244-6496 or www.trinityinsurance.com.
