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New Markets

Construction -- General Contractors and Artisans

Nuts & Bolts: Hull & Co., Stockton, Calif., has added another company to its array of contractors markets. The new market is Best's rated "A," IX and writes both general contractors and artisans. Key features include the writing on occurrence form, blanked additional insureds including CG2010 form 11-85 edition and no limitations on percentage of subcontracted work. Paper contractors and custom home builders are acceptable classes.

Dollars: Limits are $1million/$2million with various deductibles.

States Available: Arizona, California, Nevada.

Contact: Jeff Case at (866) 434-2210 ext. 224, Paul Wahlstrom at ext. 225, Brian Bowe at ext. 233 or Gus Constaninou at ext. 226.

Residential Contractors in California

Nuts & Bolts: Los Angeles-based Lemac & Associates has added a new market for residential contractors in California. This is a non-admitted market for contractors including wrap-ups for single family and multi-family projects, residential generals (can do project specific), artisans, EIFS contractors and most classes of commercial contractors. Eligible accounts musts have an effective date of Jan. 1 2006, or later.

Dollars: Minimum premiums and details are as follows:

  • Wrap-Ups have limits up to $1million/$2 million, and must have 10 years completed operations. Minimum premium is $200,000. Minimum deductible is $25,000. For tracts up to 100 homes, and condominium/townhomes up to 20 units per project.

  • Residential General Contractors include up to 15 homes per year, all of which can be in one development, minimum premium is $20,000, and minimum deductible is $5,000.

  • Residential Artisan Contractors is for tract and condo/townhome work only if doing infrastructure work such as utilities, sewer and water and street and road. Minimum premium is $20,000; minimum deductible is $5,000.

  • Almost all classes of commercial contractors are eligible. Minimum premium is $20,000; minimum deductible is $5,000.

    • State Available: California

    Contact: (323) 857-9400 or (714) 938-0251.

    Residential Contractors in California

    Nuts & Bolts: Redondo Beach, Calif.-based Bliss & Glennon has a new market for residential contractors in California. This market is non-admitted and rated "A-" VIII by AM Best's.

    This market will entertain both general contractors and subcontractors working on all types of residential construction projects, including custom homes and single family tract work. Residential Wrap policies are also available for projects up to 100 homes or 30 units for multi-family projects.

    Dollars: Minimum policy premiums are: $100,000 for a CGL policy and $200,000 for a wrap project policy. Minimum deductibles are: $5,000 for a CGL policy and $25,000 for a Wrap project policy. Maximum available limits are $1/$2/$2 with Defense Costs within the Limits of Insurance.

    State Available: California

    Contact: For additional information, please contact a Bliss & Glennon account executive or Bob Olson at rolson@bgsurplus.com. Phone: (760) 360-4747.

    To submit information about a new market, e-mail:

    ptom@insurancejournal.com.