Marijuana Distributor Commercial Auto
Market Detail: CannGen Insurance Services’ (www.canngenins.com) auto program highlights include: annual policy term; liability up to $2 million CSL; local, intermediate and long radius; new ventures OK; prior losses OK; state filings requirements OK; 30% or more of total operations must include cannabis, CBD and hemp-related services; vehicles owned/leased/registered to the named insured’s business; business is domiciled and operates exclusively in legal cannabis, CBD and hemp states. Requires one of the following supporting lines of CannGen business: general liability; property and commercial package. Approved vehicle types: private passenger vehicles; fleets up to 100 vehicles; light trucks/vans; heavy duty trucks; semi-trucks; trailer coverage; mobile equipment. Target classes include: cultivators; processors/harvesters; manufacturers; wholesale distributors; transporters; retailers; dispensaries; labs; property managers; lessor’s risk (LRO)/building owners; and ancillary businesses.
Available limits: Maximum $2 million
Carrier: CannGen Insurance Services, LLC
States: Ariz., Calif., Colo., Ill., Maine, Mich., Nev., N.H., N.M., Okla., Ore., Vt., and Wash.
Contact: Michael Sidore at 916-956-2302 or e-mail: firstname.lastname@example.org
Lessor’s Risk Only
Market Detail: Irving Weber Associates, Inc.’s (IWA) (www.iwains.com) auto insurance for auto-related risks offers coverage for commercial real estate, such as strip malls, office buildings and more based on carrier’s underwriting criteria.
Available limits: Minimum $1,000, maximum $100,000
Carrier: QBE and others, admitted
States: All states
Contact: Tina Brazier at 631-619-9207 or e-mail: email@example.com
Workers’ Compensation for Lumber and Wood Products
Market Detail: Allied Building Materials, Inc. (ABM) (www.abmbrokerage.com) is a wholesale insurance brokerage owned and operated by Pennsylvania Lumbermen’s Mutual Insurance Co. Coverage focus includes, but is not limited to: workers’ comp; commercial fleet auto; excess umbrella; high value property; GL on challenging classes of business; and heavy manufacturing – all within the wood niche.
Available limits: Minimum $1,000, maximum $500,000
Carrier: Unable to disclose, admitted
States: All states except Alaska and Hawaii
Contact: Genevieve Ventiere at 267-825-9254 or e-mail: Genevieve@abmbrokerage.com
Market Detail: Nobel Insurance Services, a division of the Lancer Insurance Co. (www.lancerinsurance.com), provides an insurance program focused on meeting the needs of the commercial explosives industry. Nobel provides general liability, automobile and excess liability coverages to manufacturers, distributors and users of explosives designed for the construction and mining industry. Limits up to $10 million. Excluded classes: pyrotechnics, demolition and munition haulers.
Available limits: Maximum $10 million
Carrier: Lancer Insurance Co.
States: All states
Contact: Charlie Pollard at 516-431-9191 or e-mail: firstname.lastname@example.org
Essential Insurance for Mortgage Lenders, Originators, and Servicers
Market Detail: OSC Insurance Services (www.oscis.com) offers mortgage impairment for mortgage lenders, particularly regional banks, credit unions, and community banks. The coverage is primarily designed to protect the insured in the event an uninsured or underinsured damages a mortgaged property. Mortgage impairment insurance provides coverage whenever there’s an unknown exposure. OSC works with a carrier with experience related to mortgage impairment coverage. OSC’s mortgage impairment policy contains both first-party coverage and third-party liability coverage. Broader coverages and higher limits that what is currently available in the market. A completed application is typically all that is needed to provide a quote, with quick binding. Reduced rates available for 3-year policies. Varied options and deductibles tailored for each business.
Available limits: Minimum $2 million
Carrier: Unable to disclose
States: All states
Contact: Customer service at 800-432-1258 or e-mail: email@example.com
Market Detail: Brecht & Associates Inc.’s (www.brechtassoc.com) stand-alone liquor policies are available for a number of classes and may also be packaged with general liability and property. Eligible classes include: restaurants, including BYOB; bars and taverns; live entertainment; comedy clubs; caterers; bowling alleys, billiard or pool halls; karaoke bars; disc jockeys; convenience stores; liquor/package stores.
Available limits: Minimum $100,000, maximum $5 million
Carrier: Unable to disclose, non-admitted
States: Texas only
Contact: Bill Brecht at 817-873-0234 or e-mail: firstname.lastname@example.org
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