Idaho News

New Market: Condo/Homeowner Assoc., Property Management Firms, Managers

Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation. Coverages for property management are BOP, D&O, EPLI and fidelity. Coverages for property managers …

STATE FARM ENFORCES HOMEOWNER MORATORIUM:

State Farm Insurance Company announced it would stop writing new homeowners insurance in 17 states in efforts to boost profitability, according to reports by the Dow Jones Newswire and the Associated Press. The move comes after the Bloomington, Ill.-based insurer …

New Market: Manufactured Home

Spectrum Brokers has available a program for manufactured home retail. Business is brokerage only. Endorsements include broad form. Policy limits are $1,000/$2,000 general liability and property, with deductibles of $1,000. Minimum premiums are $750. The carrier is Hudson Insurance, “A” …

Employers of Nev. Acquires Fremont Comp

Employers Insurance Company of Nevada (EICN) has acquired California-based Fremont Compensation Insurance Group’s book of business, effective July 1. Fremont Comp is a wholly-owned subsidiary of Fremont General Corporation. Nevada-based EICN acquired the renewal rights to the ongoing book of …

Big “I” Markets Extends Product Offerings

Big “I” Markets, an online market-access program created by the Independent Insurance Agents & Brokers of America (IIABA), is now offering short and long-term event liability insurance that association members in 36 states and the District of Columbia can access. …

Pacific Specialty Teams with IBA West

Pacific Specialty Insurance Company (PSIC) has taken their long-standing partnership with IBA West to the next level. PSIC and IBA West have teamed up to offer agents easy access to PSIC’s property line, which will now be offered via the …

State Farm Places Moratorium on Homeowners Policies in 17 States

State Farm Insurance Company announced it would stop writing new homeowners insurance in 17 states in efforts to boost profitability, according to reports by the Dow Jones Newswire and the Associated Press. The move comes after The Bloomington, Ill.-based insurer …

Swiss Re To Host Mid-Year Economic and Insurance Industry Review

Swiss Re announced that economic and investment professionals will recap the first half of 2002 and take a look ahead at next six months and beyond at the company’s Mid-year Economic and Insurance Industry Review and Outlook Teleconference. The conference …

Federal Driver License Standards Possible Asset for Auto Insurers

In addition to being a key element in national security, federal driver’s license standards being considered in Congress could have profound effects on auto insurance, according to the National Association of Independent Insurers (NAII). Members of the NAII Personal Auto/Nonstandard …

PREVENTION INSURANCE CO. Purchases 80 Percent Controlling Interest in PWI

PREVENTION INSURANCE COMPANY has acquired for restricted stock an 80 percent controlling interest in privately held Pacific Western Insurance of Seattle. Pacific Western Insurance, founded in 1993, is a wholesale broker of property and casualty insurance which brokers insurance through …