K&K Insurance Offers Admitted Market for Sports & Rec Facilities

Fort Wayne, Ind.-based K&K Insurance Group Inc. is now offering commercial insurance coverage for venues, available on admitted paper, in all states through New Hampshire Insurance Co., a member of AIG, Inc.

The new admitted offering includes: arenas and stadiums; auditoriums; bowling and billiard centers; civic/convention centers; gaming facilities; movie theaters; pari-mutuel racing; sports complexes and athletic fields; tenant user programs; and theaters and performing arts centers. K&K offers limits up to $10 million with excess coverage available on either admitted or surplus lines paper. Minimum premium is $3,500.

Coverages available include commercial general liability, liquor liability, employee benefits liability, property, inland marine, commercial auto, crime, and tenant user liability. New Hampshire Insurance is rated “A+: by A.M. Best with a financial size category of XV ($2 billion or greater).

Source: K&K Insurance Group, www.kandkinsurance.com