My New Markets

November 4, 2007

Monthly Pay Renters Insurance

Nuts & Bolts: TCBTI LLC is offering a List Bill Monthly Pay Renters Insurance Program that allows coverage for all residents of an apartment complex on a list bill, monthly pay basis. No credit score underwriting necessary. Three levels of coverage available including various personal property, general liability and med pay limits.

Dollars: $10,000 to $50,000.

p:Carrier: Rated “A” by A.M. Best. Non-admitted.

States: All.

Contact: Thomas Bradshaw at 877-498-6900 or e-mail thom@tcbins.com.

Dump Truck Fleets

Nuts & Bolts: The Maplewood Group is offering coverage for dump trucks carrying sand, gravel, coal, farm produce, asphalt, etc. Maplewood also has a market for ready mix concrete fleets. Minimum six power units.

Dollars: Starting at $500,000.

Carrier: More than one carrier; Rated “A” and “A+” by A.M. Best. Admitted and non-admitted.

States: All.

Contact: Stephen Pierce at 740-321-1137 or e-mail spierce@themaplewoodgroup.com.

Admitted Lawyers Professional Liability

Nuts & Bolts: Partners Specialty Group is offering a lawyers professional liability market with $5 million limits available, first dollar defense, duty to defend policy, full prior acts in the policy form, and consent to settle clause.

Dollars: $250,000 to $5 million.

Carrier: Rated “A” by A.M. Best. Admitted.

States: All, except Hawaii, Ariz., N.J., Alaska, La., R.I., N.H., Maine, Vt., W.Va. and Oregon.

Contact: Michael Cardenas at 310-586-4742 or e-mail mcardenas@psgins.com.

Fishing Guides

Nuts & Bolts: The Midland Management Corp. offers a unique product specifically designed for fishing guides, tournament anglers, and sport fish risks. The product offers flexible coverage options and a variety of deductibles.

Dollars: Up to $1 million.

Carrier: Rated “A” by A.M. Best. Admitted.

States: All, except Florida.

Contact: Brandon Davis at 800-800-4007 or e-mail bsdavis@midman.com.

Preferred Restaurants – Liquor Liability

Nuts & Bolts: New program for liquor liability on preferred restaurants. Most competitive restaurant rates available on this class, assault or battery coverage included; no deductible; defensee costs outside the policy limits; employees automatically covered as an insured; expanded definition of bodily injury; per location aggregate; prompt quotes. A 25- 37 percent reduction in rates. Minimum premiums ranging from $400 to $720.

Dollars: $100,000 to $2 million.

Carrier: US Liability Insurance Group rated “A++” by A.M. Best. Admitted and non-
admitted.

States: All.

Contact: Kenneth Kukral at 216-797-9700 or e-mail Ken@internationalexcess.com.

Worldwide Terrorism Coverage

Nuts & Bolts: Chopra Insurance Brokerage Inc. is offering stand alone worldwide terrorism coverage, non-marine terrorism risk worldwide coverage. Broader coverage is offered than TRIA including domestic terrorism and fire. Additional coverage can be obtained such as public employer’s liability following a terrorist act; also war on land can be insured. Chemical and biological coverage is available.

Dollars: Up to $100 million.

Carrier: Rated “A” by A.M. Best. Non-admitted.

States: Ala., Calif., Colo., Conn., Del., Ga., Idaho, Ill., Ind., Iowa, Kan., La., Maine, Md., Mass., Mich., Minn., Mo., Mont., Neb., Nev., N.H., N.M., N.C., N.D., Ohio, Okla., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., D.C., W.Va., Wis.

Contact: John Upchurch at 818-551-4588 or e-mail Jupchurch@choprainsurance.com.

Architects’ Employment Liability

Nuts & Bolts: ELM Insurance Brokers Inc. is offering employment practice liability coverage for architects and engineers with third party extensions provided in conjunction with errors and omissions coverage with segregated limits.

Dollars: $500,000 to $10 million.

Carrier: Rated “A” by A.M. Best. Admitted.

States: All.

Contact: Fred Fisher at 310-322-1301 or e-mail ffisher@e-o.com.

Contractors’ Pollution Liability

Nuts & Bolts: Sloan Mason has a provision of contractor’s pollution liability for oilfield diving and sub-sea contractors of all types. The company requires a CPL supplemental application and five year currently valued carrier issued loss runs (if applicable). Minimum deductible is $5,000.

Dollars: $1 million/$2 million.

Carrier: Rated “A+” XI by A. M. Best. Non-admitted.

States: All.

Contact: Michael@sloanmason.com or seth@sloanmason.com.

Topics AM Best

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