Hospitality and Leisure Companies
Nuts & Bolts: Schaumburg, Ill.-based commercial P/C insurer Zurich North America launched a new coverage endorsement aimed at combining coverages for limited-service, full-service and resort companies in the hospitality and leisure industries. The new offering bundles a number of coverages typically available by separate endorsement into a single package. Among the coverages offered under the endorsement are: building ordinance; guests’ property; loss or damage to guests’ autos and other property of guests in their autos; lost master key/key-card coverage; customer inconvenience remuneration expense; expediting expense; food contamination; spoilage; and more.
Dollars: Provides four levels of limits for each of the following types of coverages: Customer Inconvenience, Employee Dishonesty, Expediting Expense, Extortion Coverage, Food Contamination, Lost Master Key, Spoilage, Trees, Shrubs & Plants, Computer Fraud. Customers may purchase all coverages for $25,000 limit per coverage, $50,000 limit per coverage, $75,000 limit per coverage or $100,000 limit per coverage.
Carrier: Zurich American Insurance Co. rated “A” by A.M. Best, admitted.
States Available: All states except Virginia (approval pending).
Contact: Jim Merva, (847) 413-5410.
Assisted Living, Residential Care and Skilled Nursing Facilities
Nuts & Bolts: Kent Wholesale Insurance Brokers LLC is now offering elder care insurance coverage. This program is designed to provide general liability, professional liability and property coverage for small- to medium-sized adult assisted living, residential care and skilled nursing facilities. Education is an integral part of the program and materials are provided to the clients on a monthly basis to promote loss prevention and risk management. They have the ability to offer monthly financing. Homeowners liability extensions are available.
Dollars: Policy limits start at $100,000 per occurrence, $300,000 aggregate with higher limits available. Deductibles are $2,500 for general and professional liability and $1,000 for property. Premiums are $2,500 for general and professional liability and $1,000 for property.
Carrier: Lloyd’s of London rated “A+ 15,” nonadmitted.
States Available: Idaho and Oregon.
Contact: Gus Kent, (503) 291-1064 or www.kentins.com.
Recruiters Professional Package
Nuts & Bolts: Indemnity Excess & Surplus Agency is offering a new recruiters professional package specifically designed for permanent employment placement firms with up to $3 million in revenue. Product features include errors and omissions, employment practices liability and business owners package.
Dollars: Policy limits for E&O & EPL are available up to $3 million. BOP GL limits up to $1 million/$2 million and personal property up to $250,000. Deductibles start at $1,000.
Carrier: Rated “A++” by A.M. Best, admitted.
States Available: All except Louisiana.
Contact: Jim Heisler, Shawn Cummar or Delia Grenier, (800) 487-2442 or www.ies-xs.com.
To submit information for this department,
e-mail bwells@insurancejournal.com.
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