“In essence, we’d like to assure all of our policyholders that we are solvent, that we’re still financially strong,” said Jim Zelinski, spokesperson for California State Compensation Insurance Fund, in addressing newfound concerns of State Fund’s financial stability. The recent …
The Big Five Accounting firms seem destined to become the Big Four. Arthur Andersen, long one of the largest and most prestigious, went to trial in Federal Court in Houston on May 6 charged with destroying evidence. David Duncan, the …
Lloyd’s decision to begin reporting its syndicates profits and losses on an annual basis, rather than over three years, proved costly. Last year’s losses are estimated at £3.11 billion ($4.5 billion) overall, and WTC loss estimates rose slightly to £1.98 …
Nuts & Bolts: CRC of Atlanta has available a program for Tough Complex Casualty/GL: Products, Commercial Construction, OL&T. Available on a brokerage basis. Dollars: Minimum premiums of $75,000; min. deductibles of $5,000. States Available: All. Contact: Jeff Dunn, (888) 633-6284
Nuts & Bolts: Construction Equipment Insurance Services is offering a new general liability program for residential and commercial contractors in Texas. Coverage is with a newly formed Risk Retention Group. General contractors and subcontractors are eligible for the program. No …
Nuts & Bolts: American Reliable Insurance Company has available a program for farm and ranch. General agency or direct retail agent appointments. Also write excess policy and farm administrative certificate policy. Dollars: Policy limits of $1,000,000/$2,000,000; deductibles of $250, $500, …
Nuts & Bolts: Alliance National Insurance Agency Inc. has available a program for environmental E&O w/mold. Available by appointment. Endorsements— additional insured, waiver, hired/non-owned auto. Dollars: Policy limits of $2,000,000 instant; deductibles of $2,500, $5,000 or $10,000; minimum premiums of …
Nuts & Bolts: Carnegie General Insurance Agency is offering a manufactured HO3 program. It is approved broker, and is owner-occupied, seasonal, rental, commercial, tenant, EQ, guaranteed replacement cost coverage available. Dollars: Policy limits of $100,000, deductibles of $250. Carrier: American …
Nuts & Bolts: Multi-State Insurance Services has available a program for homeowners insurance. Mobile home and dwelling fire is also available. Dollars: Policy limits of $500,000; Deductibles of $250, $500, $1,000, $2,500, $5,000. Carrier: Rated States Available: Calif. Contact: Jim …
Nuts & Bolts: Monarch E&S Insurance Services is offering a program for mobile home parks. The program has umbrella capabilities. Dollars: Primary liability is $1-$2 million; Property up to $10 million. Carrier: Rated States Available: Calif., Ariz., Nev. Contact: Don …
