Target Insurance Services Launches 3 New Programs: Home Inspectors, Large Law Firms, Accountants

April 5, 2005

Avon, Conn.-based Target Insurance Services is making available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50+ in size); and professional liability for accountants.

All three programs are backed by a carrier partner rated A+ X V by A.M. Best.

Target’s Home Inspectors Program is available in all states, except Alaska and Hawaii. In addition to many options for coverage, limits and deductibles, members of the American Society of Home Inspectors (ASHI) and the National Association of Home Inspectors (NAHI) are eligible for a premium discount.

Target’s CEO Wayne Carter explains, “As active members of NAHI & ASHI, we have served a significant segment of this class over the past several years. Target’s extensive Home Inspector’s E&O expertise and the financial strength of our carrier partner combine to deliver outstanding benefits to this growing profession.”

Through the Professional Liability Program for Lawyers 50+, agents and brokers can now turn to Target for coverage in all states except Florida, Hawaii, Iowa, and Nebraska. In addition, excess coverage for all size law firms continues to be available through Target in all states, as are surplus lines policies for firms of all sizes in California, Oregon and Washington.

The company’s new Accountants Professional Liability Program is an admitted program underwritten through Fireman’s Fund Specialty, a part of Fireman’s Fund Insurance Company. Target’s Accountants Program is available in most midwest and western states: AK, AL, AR, AZ, CA, CO, HI, ID, IL, IA, KS, LA, MN, MO, MS, MT, NE, NM, ND, NV, OK, OR, SD, TX, UT,WA,WI and WY.

Designed for accounting firms with $3 million or less in annual revenue, the policy includes: terrorism coverage (at no additional premium), automatic inclusion of predecessor and successor, optional first dollar defense, four extended reporting period options, including unlimited, and much more.

“We’ve worked very successfully with Target on multiple programs,” says Joe Shores of Fireman’s Fund Specialty, “and we’re confident about their ability to profitably write Accountants, as well.” T

Details including policy forms and applications are available on Target’s Web site:

Target Insurance Service is a managing general underwriter and aggregator of specialty insurance programs and services.

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