Home Inspectors, Law Firms, Accountants

Avon, Conn.-based Target Insurance Services is making available new markets for home inspectors professional liability; professional liability for large law firms (50+ in size); and professional liability for accountants. All three programs are backed by a carrier partner rated A+ X V by A.M. Best.

Target's Home Inspectors Program is available in all states, except Alaska and Hawaii. Members of the American Society of Home Inspectors and the National Association of Home Inspectors are eligible for a premium discount.

The Professional Liability Program for Lawyers 50+ is open in all states except Florida, Hawaii, Iowa, and Nebraska.

The company's new Accountants Professional Liability Program is an admitted program underwritten through Fireman's Fund Specialty. Designed for accounting firms with $3 million or less in annual revenue, the policy includes: terrorism coverage (at no additional premium), automatic inclusion of predecessor and successor, optional first dollar defense, four extended reporting period options, including unlimited, and much more. It is available in most Midwest and western states:

Web site: http://www.target-capital.com.

Disaster Mortgage Protection

ACE USA has expanded distribution of its ACE Disaster Mortgage Protection product outside of its traditional mortgage service provider channel. This expanded distribution strategy allows general agents and their producers direct access to real-time quoting and buying of DMP coverage through a dedicated website at www.marketplacemakers.com.

The DMP policy pays homeowners' monthly mortgage payments while also giving them access to emergency cash should their home become uninhabitable for 48 hours or more due to a covered disaster causing damage to their home. Payments may be made for up to two full years while the home is being repaired or rebuilt. It alsor eimburses insureds their deductible amount under their primary property insurance (homeowners, flood, windstorm or earthquake). The policy is underwritten by ACE American Insurance Company in all states, except in Florida where Bankers Standard Insurance Company underwrites the coverage. Both companies are members of The ACE Group of Companies, rated A (Excellent) by A.M. Best Company and A+ (Strong) by Standard & Poor's. This product is not available in Alaska, Conn., N.J., S.D. or Texas.

Web site: www.marketplacemakers.com

Errors and Omissions for Broker-Dealers

Nuts & Bolts:
CalSurance enhanced its specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. The program enhancement now provides each broker-dealer with its own policy limits without sharing a master policy aggregate with other broker-dealers in the program. It provides protection against claims arising out of acts, errors or omissions in the rendering of professional services by a broker-dealer, its registered representatives, RIA's or insurance agency. Other select features of the program include duty to defend civil proceedings, supervisory coverage for the broker-dealer that extends to terminated, retired and disabled registered representatives, and coverage for libel, slander and defamation.

Dollars:
The program offers up to $1 million in limits of liability and has deductibles starting at $25,000 for broker-dealers and $5,000 for registered representatives.

Carrier:
Quanta Specialty Lines Insurance Co. rated "A-" by A.M. Best, nonadmitted.

States Available:
All except Connecticut, New Hampshire, New Mexico and Minnesota.

Contact:
Mary Serafino, (800)-280-7250 or mserafino@calsurance.com.

Home Inspectors, Law Firms and Accountants

Nuts & Bolts:
Avon, Conn.-based Target Insurance Services has available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50+ in size); and professional liability for accountants. Through the professional liability program for lawyers 50+, agents and brokers can now turn to Target for coverage in all states except Florida, Hawaii, Iowa, and Nebraska. In addition, excess coverage for all size law firms continues to be available through Target in all states, as are surplus lines policies for firms of all sizes in California, Oregon and Washington. Designed for accounting firms with $3 million or less in annual revenue, the policy includes: terrorism coverage (at no additional premium), automatic inclusion of predecessor and successor, optional first dollar defense, four extended reporting period options, including unlimited, and much more.

Dollars:
In addition to many options for coverage, limits and deductibles, members of the American Society of Home Inspectors (ASHI) and the National Association of Home Inspectors (NAHI) are eligible for a premium discount.

Carrier:
All three programs are backed by a carrier partner rated "A+ X V" by A.M. Best. The company's new accountants professional liability program is an admitted program underwritten through Fireman's Fund Specialty, a part of Fireman's Fund Insurance Co.

States Available:
Target's Home Inspectors Program is available in all states, except Alaska and Hawaii. The accountants program is available in most Midwest and Western states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Hawaii, Idaho, Illinois, Iowa, Kansas, Louisiana, Michigan, Missouri, Mississippi, Montana, Nebraska, New Mexico, North Dakota, Nevada, Oklahoma, Oregon, South Dakota, Texas, Utah, Washington, Wisconsin and Wyoming.

Contact:
www.target-capital.com.