Stand-Alone Terrorism

Nuts & Bolts:
Insurance Company of the West announced it will offer admitted stand-alone property terrorism coverage for most states. Additional states, including New York, New Jersey, Vermont, Connecticut, Dela-ware, Maine, Massachusetts, New Hampshire and the District of Columbia will be added in the future. It covers certified and/or non-certified acts of terrorism. Excluded is loss caused by terrorism involving release or dispersal of nuclear, radioactive, biological, or chemical materials. It has business interruption coverage for 12 months (no contingent BI), including ordinary payroll. Coverage is available through appointed agents and brokers.

Dollars:
Limits up to $20 million per location, subject to specific proximity guidelines. Deductibles are determined on risk specific issues.

Carrier:
ICW Group is rated “A-” IX by A.M. Best.

States Available:
Most.

Contact:
Carol Pringle, (858) 350-2639, or cpringle@icwgroup.com.