New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.

Human Services
Nuts & Bolts: Travis Pederesen and Associates is offering general liability, professional, umbrella, auto, property, sexual abuse and misconduct, and AD&D for group homes, substance abuse facilities, mental health and developmentally disabled, in/out patient counseling, senior services, adoption and foster care, at risk youth facilities all can be written. The company will offer up to $1 million sexual abuse and misconduct, depending on class eligibility.
Dollars: Starting at $1 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Steven M. Fouchea at 616-285-6505 or e-mail stevenf@travped.com.

Data Breach Liability Insurance
Nuts & Bolts: Liability (occurrence basis) up to $600,000 for breach of privacy (accidental/unintentional), included. Defense costs and $5,000 mitigation benefit.
Dollars: $300,000 to $600,000.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Gary Kenoff at 800-425-7873 e-mail gakfamily@aol.com.

School Violence Crisis Management
Nuts & Bolts: Extra expense sub-limits are offered as an option when purchasing the educators’ liability policy. Crisis management expenses include public relations expenses, insured’s travel and printing expenses, extraordinary family travel expenses and post-violence avoidance expenses.
Dollars: Up to $250,000.
Carrier: Darwin, rated “A” by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Ned Daly at 800-586-6502, ext. 107 or e-mail ndaly@pgui.com.

Alarm, Cable, Telecom Installation
Nuts & Bolts: NSM Insurance Group is offering WireEX, a program targeted at the burgeoning market of individual installers, contractors and enterprises engaged in: security alarm installation; telephone cable and hardware installation; electric pet fence installation; Internet connection installation; and computer wire and cable installation.
Dollars: Up to $1.2 million.
Carrier: Rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Alison Strother at 904-460-2779 or e-mail acstrother@nsminc.com.

Programs for Youth Program Classes
Nuts & Bolts: Great American Insurance offers property/casualty programs for Boys & Girls Clubs, camps, day care, latch key, Montessori, private schools, recreation centers, test exam preparation, YMCA and YWCA, youth organizations and centers.
Dollars: $1 million per occurrence/$3 million aggregate.
Carrier: Rated “A” by A.M. Best. Admitted.
States: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, Virginia, Washington, D.C., West Virginia, Wisconsin.
Contact: Rick Hasselbeck at 513-287-8112 or e-mail rhasselbeck@gaic.com.

Homeowners Equipment Breakdown
Nuts & Bolts: Mutual Boiler Re offers market-leading equipment breakdown for personal lines – homeowners coverage to property/ casualty insurance companies by way of a complete turnkey and reinsurance relationship. Coverage is afforded for all real property, personal property and resultant loss of use due to mechanical, electrical and pressure systems breakdown, all for an insured cost of around $25 per year. Relative to costly and sometimes adversely selected against alternatives, equipment breakdown for homeowners, in partnership with Mutual Boiler Re is a sought-after coverage enhancement for today’s electronic age.
Dollars: $50,000 up to $1 million.
Carrier: Mutual Boiler Re rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Mary Rose Faustman at 610-889-3673 or e-mail maryrose.faustman@mutualboilerre.com.

Loss Portfolio Transfer Workers’ Comp
Nuts & Bolts: Firstier General Agency is now offering a program to sell the liabilities of a self-insured for the risk of a newly reported claim, reopening of a claim or adverse development of an existing claim. Select all years of self-insurance or just a certain block of time. This applies not only for self-insureds but also companies that purchased large deductible and fronted captive placements. LPT is an excellent tool to reduce outstanding letter of credit requirements.
Dollars: $250,000 to $ 2 million.
Carrier: Rated “A” IX by A.M. Best. Admitted.
States: All.
Contact: Gary Rimler at 702-853-1571 e-mail gary.rimler@firstierga.com.

United Motorcoach Association Workers’ Comp
Nuts & Bolts: KFB Inc. is offering workers’ compensation coverage for public auto accounts with the endorsed carrier for United Motorcoach Association members.
Dollars: Varies.
Carrier: PMA Insurance Group rated “A” by A.M. Best. Admitted.
States: All.
Contact: Ron Schwarz at 818-242-5100, ext. 140 or e-mail rschwarz@kfbins.com.

Camp Accident & Liability Insurance
Nuts & Bolts: Francis L. Dean & Associates of Texas is offering a new camp program that includes sports and non-sports camps. The $1 million occurrence form includes coverage of claims made by athletic participants. Also included is $10,000 accident medical expense coverage.
Dollars: $1 million to $5 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Tammy Westbook at 800-375-0552 or e-mail trwestbrook@fdean.com.

Title Insurance Agents E&O
Nuts & Bolts: The Professional Underwriting Group Inc. is offering professional liability covering negligent acts, errors or omissions in the performance of professional services for others when providing services as a title insurance agent.
Dollars: $500,000 to $1 million.
Carrier: Rated “A-” by A.M. Best. Admitted and non-admitted.
States: California, Florida, Louisiana, New Jersey, North Carolina, Pennsylvania, and Texas.
Contact: Jay Martin at 561-549-0590 or e-mail pugeando@aol.com.

Workers’ Compensation
Nuts & Bolts: Larger risks in all classes considered. $100,000 minimum premium. High mods are acceptable. Multiple markets and programs are available.
Dollars: $500,000 to $5 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Stephen Pierce Phone at 740-321-1137 or e-mail spierce@themaplewoodgroup.com.

Dealers Floor Plan Insurance
Nuts & Bolts: Automotive Risk Management & Insurance Services Inc. is offering dealer’s floor plan insurance that provides physical damage coverage for both new and used, motorized and non-motorized units. Coverage includes physical damage coverage that pays for damage to the dealer’s inventory and if needed, other company vehicles. Coverage can be provided both on the lot and while driven. In addition to the inventory, service vehicles and customer loaners can be included. Coverage should not be confused with garage liability or garagekeepers legal liability coverage.
Dollars: Varies.
Carrier: Rated “A” by A.M. Best. Non-admitted.
States: All.
Contact: Cathy T. Whitby at 800-224-6363 or e-mail cwhitby@armonline.com.

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Topics AM Best