New Markets
Homeowners in Arizona
Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas, protection classes 1-10, older homes and homes with losses. High value homes can be written up to $25 million. Extended replacement cost and replacement cost on contents available. Risks with trampolines, dog bite claims, high profile and corporate ownership, fuses, woodstoves, wood roofs are accepted.
Dollars: Limits $0 to $25 million. Brokerage agreement required.
State: Arizona.
Contact: Audrey Kell 916-780-7000, audreyk@abraminterstate.com.
Workers’ Compensation in Alaska
and Hawaii
Nuts & Bolts: Statutory workers’ compensation, U.S. Longshore and Harbor Workers Act and Maritime employers’ liability coverage in Alaska and Hawaii and with supporting coverage in select other states is available from PointSure Insurance Services. Classes include: marine construction, native corporations, offshore oilfield service contractors, oil rig fabricators, seafood processors in Alaska, ship builders, ship repair, land-based specialty contractors, stevedoring, terminal operators and yacht builders.
Dollars: Limits $1 million. Minimum premium is $75,000.
States: Alaska and Hawaii.
Carrier: SeaBright Insurance Co. Rated “A” VIII by A. M. Best.
Contact: Lisa Gardiner 206-269-8616, lisa.gardiner@pointsure.com.
Community Development Program
Nuts & Bolts: Gales Creek Insurance Services Inc. is offering its community development corporation program nationally. The GCIS policy includes: tax credit projects; automatic cover “for profit” subsidiaries; two-year rate guarantee; defense costs outside limits; automatic coverage for volunteers, trustees, committee members; employment-related practices liability including sexual harassment, discrimination and wrongful termination; defense of third party employment-related practices claims; amended bodily injury/property damage exclusion to create coverage for mental and emotional distress; outside directorship coverage; defense costs incurred by insuring contesting a claim for taxes/fines under Internal Revenue Serivce code; full prior acts and libel and slander coverage.
For consideration in the program, CDC’s must be affiliated with a national organization that works in the field or receive funding from such organizations as Enterprise, National Association of Community Action Agencies, Essex, Rural Community Assistance Corp., LISC, Neighbor Works of Neighborhood Reinvestment Corp., be related to a Municipal Housing Authority, or be a member of the state CDC trade association.
Dollars: $1 million to $2 million; higher limits only with underwriting approval.
Carrier: Rated “A” by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Kim Hutchinson 800-755-1575, ext. 224., kim@galescreek.com.
Museums
Nuts & Bolts: Markel Insurance Co. is offering a new museum coverage. The Markel Museums protects not-for-profit 501(c)3 museums, historic homes, arts organizations, libraries and cultural centers. Small- to mid-size institutions are the company’s specialty. Limits for property, prefer values under $12 million with fine arts limited to $1 million.Higher deductibles may be required depending on values and susceptibility to wind and other catastrophic exposures.
Dollars: Limits $1 million to $10 million. Deductible is $1,000. Minimum premiums are $1,500 to $75,000.
Carrier: Rated “A” by A.M. Best. Admitted.
States: Ala., Ark., Calif., Colo., Conn., Del., Fla., Ga., Idaho, Ill., Ind., Iowa, Kan., Ky., La., Maine, Md., Mass., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.H., N.J., N.M., N.Y., N.C., N.D., Ohio, Okla., Ore., Pa., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., D.C., W.Va., Wis., Wyo.
Contact: Heather White 800-431-1270 ext. 1724, hwhite@markelcorp.com.
Event Cancellation
Nuts & Bolts: Advanced AFG Risk Services LLC is offering coverage that provides protection for organizations holding conventions, seminars, meetings, and trade and consumer shows against loss of anticipated revenue or additional expenses incurred should an event be cancelled, interrupted, postponed, terminated early, or relocated due to reasons beyond the control of the insured. Coverage extends to cover personal property while in use during the event, door registration receipts, and additional events. Coverage can include worldwide coverage, terrorism coverage options, indoor or outdoor, dedicated underwriting and service team.
Dollars: Based upon anticipated revenue.
Carrier: Rated “A”+ by A.M. Best. Non-admitted.
States: All except New Hampshire
Contact: Robert V. Jeal 888-742-6818, www.eventshield.com.
Underground Utility Contractors
Nuts & Bolts: Sloan Mason Insurance Services offers a program for underground utility contractors, including sewer and water main construction companies. Those utility contractors can perform work in new residential tract developments, as well as usual public areas. No hook-ups to residential properties.
Dollars: Starting at $1 million. Minimum premium is $50,000.
Carrier: Rated “A” XV by A.M. Best. Admitted.
States: All
Contact: Paul Mason 619-595-4831, paul@sloanmason.com.
Contractor’s Land Improvement Program
Nuts & Bolts: Crouse and Associates has introduced a land improvement program for small- to medium-sized residential and commercial contractors. Target classes include: concrete curbs, gutter and sidewalks, shipping docks and pads for electrical panel sheds (no residential pads), driveways, parking lots, street and road paving sewer and water main construction, or irrigations and drainage construction, septic tank systems, water well drilling, conduit construction for cables and wires, excavation jobs such as ditch digging, trenching, and also digging of small ponds on farms-along with support of any of the above operations. Grading of land: clearing and leveling of land activities at farmlands, commercial developments, site development for road building and finish grading.
Limits: Minimum premium is $10,000.
Carrier: Rated “A” XV by A.M. Best. Non-admitted.
States: Arizona, California, Idaho, Nevada, Oregon and Washington.
Contact: Jil Chioino 415-982-3870 or jchioino@crousesf.com.
Social Service Program
Nuts & Bolts: London American Risk Specialists Inc. is offering a social service program that includes general liability, professional liability (including sexual abuse/ molestation) property, non-owned auto, domestic social services with foreign exposure, kidnap and ransom, travel accident, international workers comp and foreign non-owned auto. Target classes to include for profit and not for profit, excellent for residential care facilities.
Limits: $1 million to $3 million. Deductible varies by class.
Carrier: Rated “A” by A. M. Best. Non-admitted.
States: Ariz., Ark., Calif., Colo., Conn., Del., Fla., Ga., Idaho, Ind., Iowa, Kan., La., Maine, Md., Mich., Minn., Miss., Mo., Neb., Nev., N.H., N.J., N.M., N.Y., N.C., N.D., Ohio, Okla., Ore., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., D.C., W.Va. , Wis., and Wyo.
Contact: Mike Mullens 214-277-3936, mmulens@londonamericantx.com.
Bed and Breakfast
Nuts & Bolts: Smith, Bell and Thompson (SBT) and SwissRe’s Commercial Insurance are offering a program for bed and breakfast accounts. The program is designed for the innkeeper industry. Target accounts include bed and breakfasts, country inns or cabin rentals. Bed and breakfasts serve only breakfast to overnight guests. A country inn serves breakfast to overnight guests, however, with a restaurant open to the public. The cabin rental is typically more than four habitational buildings located in close proximity on the same premises with one sleeping room per building and a common building where breakfast is served. These establishments are usually individually owned and operated; hotel/motel franchises and national or regional chains are not eligible.
Limits: Varies.
Carrier: Rated “A+” XV by A.M. Best. Non-admitted.
States: All except Missouri and Hawaii.
Contact: Doug Grahn 802-658-4600, dgrahn@sbtinsurance.com.
Tuition Protector
Nuts & Bolts: Markel’s Tuition Protector is a program that protects schools’ revenues and eliminates the financial burden families face when students are forced to withdraw prior to term completion. Tuition Protector has been developed to provide comprehensive coverage for virtually any event that may cause a student’s withdrawal.
Limits: Set a fee level to be insured. Minimum premium average, $10,000.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All except Alaska and Hawaii.
Contact: Kevin Wingfield 800-431-1270, ext. 7640, kwingfield@markelcorp.com.