My New Markets

November 2, 2020

Transportation Workers’ Comp

Market Detail: Midwestern Insurance Alliance (www.midwesterninsurance.com) writes workers compensation for most transportation type risks. All accounts on a guaranteed cost basis; all radius of operations considered (not limited to local hauling). Midwestern Insurance concentrates best in class accounts (no touch freight, intermodal) but we will look at all accounts within the class. All experience mod’s are acceptable; multi-state is OK. Governing classes include: 7219 (Trucking), 8350 Fuel hauling,7232 (Mail Delivery / USPS), 7360 (Freight Handling), 7392 (Beer / Ale Dealers), 8290 / 8291 / 8292 / 8293 (Warehouses / Cold Storage). Submissions should include Acord 130, 5 years currently valued loss runs, supplemental application with transportation section, X Mod worksheet (if available).

Carrier: Unable to disclose, admitted

States: Ala., Ariz., Ark., Calif., Colo., Ga., Ind., Ks., Ky., La., Miss., Mo., Nev., N.M., N.C., Okla., Pa., S.C., Tenn., Texas, Utah, and Va.

Contact: Theresa Bailey at 619-450-1739 or e-mail: tbailey@mwiainsurance.com


Auto Dealers

Market Detail: Shelly, Middlebrooks & O’Leary, Inc. (www.shellyins.com) specializes in the risks of auto and truck dealerships. The auto dealers program targets a wide variety of classes to meet the needs of agents and their clients, including: Antique auto dealers; consignment sales; contractor’s equipment dealers; farm equipment dealers; golf cart dealers; heavy truck dealers; motorcycle dealers; non-licensed vehicle dealers; recreational vehicle dealers; auto dealers; semi-trailer dealers; wholesale, broker or internet auto dealers. The auto dealers coverage form offers: Auto liability up to $5 million; general liability BI & PD up to $5 million; damage to premises rented to you up to $300,000; personal & advertising injury liability up to $5 million; general liability aggregate up to $5 million; products and worked you performed aggregate up to $5 million; acts, errors and omissions aggregate of $50,000; dealers physical damage – per location up to $5 million; false pretense up to $300,000; locations and operations medical pay up to $5,000; auto medical payments up to $5,000; hired auto liability up to $5 million; broad form products up to $5 million; additional insureds up to $5 million; waiver of subrogation – “owner of premises”; and uninsured/underinsured motorists up to $1 million.

Available limits: Minimum $300,000, maximum $5 million

Carrier: Unable to disclose, non-admitted

States: Fla., Ga., N.C., S.C., and Texas

Contact: Melissa Woods at 904-354-7711 or e-mail: mwoods@shellyins.com


Fiduciary Liability Insurance Policy

Market Detail: Euclid Specialty Managers (www.euclidspecialty.com) has reinvented the conventional fiduciary liability insurance policy to meet the needs of today’s trustee. The Euclid Vanguard Fiduciary Liability Policy has created new coverages to prevent potential individual liability from emerging liability exposures. New features include: duty to defend – no hammer clause and insured’s choice of counsel; trustee claims expenses/non-fiduciary coverage; settlor coverage; pre-claim investigation coverage; section 502 (a)(3) equitable relief and surcharges; expanded penalty coverage, voluntary compliance program coverage; HIPAA, HITECH, PPACA, 502 (c) and PPA; coverage for benefit miscalculations; coverage for Section 301 of the Labor Management Relations Act; coverage for retainer fees and expenses of an independent fiduciary; The Euclid Penalty Box – an umbrella of penalty coverage to expand coverage when the underlying sublimit of penalty coverage is exhausted, misc. penalty/other penalty coverage; 502(i) and (l) coverage; cyber essentials coverage, 1st party cyber built into policy. Renewal guarantee available.

Available limits: Maximum $25 million

Carrier: Unable to disclose, admitted

States: All states

Contact: John O’Brien at 571-730-4810 or e-mail: jobrient@euclidspecialty.com


Excess Liability including Environmental Coverage

Market Detail: American Risk Management Resources Network LLC (www.armr.net) specialize in environmental insurance and risk management. It provides wholesale access to all of the major environmental underwriters. Custom crafted affordable insurance available for: contractors, property owners, consultants.

Available limits: As needed

Carrier: Berkley Specialty Underwriting Mangers

States: All states

Contact: Judi Martinez at 608-836-9586 or e-mail: Judi@armr.net


Non-Trucking Liability Program

Market Detail: TCB Insurance Programs (www.tcbinspro.com) utilizes multiple facilities for NTL & FTC coverages for medium to large sized owner/operator trucking Fleets. Programs are list bill monthly pay. Rates vary based on size and experience.vNo appointment required.

Available limits: Minimum $500,000, maximum $1 million

Carrier: Unable to disclose, non-admitted

States: Ariz., Ark., Idaho, Ind., Iowa, Ks., Maine, Minn., Miss., Mo., Mont., Neb., N.M., N.D., Okla., S.C., S.D., Tenn., Texas, Utah, and Wyo.

Contact: Thomas Bradshaw at 574-583-8661 or e-mail: thom@tcbinspro.com

Topics Texas

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine November 2, 2020
November 2, 2020
Insurance Journal Magazine

Top 50 Commercial Lines Retail Agencies; Agency E&O Survey; Premium Finance Directory; Market: Trucking