Monthly Archives: <span>April 2003</span>

Calif. Commissioner Increases Access to SCIF for Small Employers

Reaffirming his instruction that it remains California’s “insurer of last resort,” Commissioner John Garamendi directed the State Compensation Insurance Fund (State Fund) to ease access requirements for small employers who pay $25,000 or less in estimated annual premium (EAP) seeking …

American Casualty Offers New Program for Nurse Anesthetists

Nevada Insurance Commissioner Alice A. Molasky-Arman approved a new professional liability program for certified registered nurse anesthetists, filed by American Casualty Company. The program will be offered to members of the Magaw Healthcare Professionals Purchasing Group Association and will be …

Judges to Offer Views on Tort Reform at Alliance’s Calif. Meeting

A group of judges will give their perspectives on the issue of tort reform during one of the panel discussions that will highlight the 81st Annual Meeting of the Alliance of American Insurers. The meeting will be held April 27-29 …

ISO’s New Services Now Connects Insurers’ Extranets to Risk-Management, Loss-Control Info. Database

Insurance Services Office, Inc.’s (ISO) Engineering and Safety Service (E&S) unit has introduced a new Enterprise Subscription Service that enables insurance companies to connect their extranets for agents, policyholders and risk managers directly to the E&S database for business-related risk-management …

LAAA Holds Trade Fair in Long Beach; Garamendi to be Keynote Speaker

The 4th Annual Latin American Agents Association Trade Fair 2003 will be held at the Westin Hotel in Long Beach, Calif., May 1-4. California Commissioner, John Garamendi will be the keynote speaker. Property/Casualty personal lines & commercial as well as …

Boats, PWC

Nuts & Bolts: The Foremost Insurance Group has designed new family boaters and personal watercraft programs. The Foremost Family Boaters program offers coverage for a wide range of makes, models and ages of inboard-out-drive, jet drive, or non-motorized boats measuring …

BOP for Professional Liability

Nuts & Bolts: Philadelphia Insurance Companies recently released a new product offering, the Business Owners Policy (BOP) for business professionals. PHLY’S BOP provides comprehensive property & liability coverage and is being offered in conjunction with professional liability offered to all …

Construction

Nuts & Bolts: buildersrisk.com is offering a course of construction available through any agent—no appointment or fees. Endorsements are available. Dollars: Policy limits up to $25,000,000; deductibles of $1,000 standard, others available; minimum premium of $375 in most states. Carrier: …

Builders and Contractors Liability

Nuts & Bolts: American Pacific General Agency Inc. has available a program for builders and contractors liability. This is an appointments-only program. Dollars: Policy limits of $1,000,000; Deductibles of $2,500; Minimum premiums of $6,500 for contractors and $10,000 roofers. Carrier: …

Program Administrators Target Specialized Risks

In today’s hard market, the value that a Program Administrator (PA) adds to the insurance transaction becomes especially clear. For the retail agent, they are a resource to be used in the placement of specialized or unique risks. Insurance carriers …