New Markets
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.
Contractors
Nuts & Bolts: Lemac & Associates, a division of Risk Placement Services Inc., is offering coverage for the admitted market writing workers’ compensation, general liability and A.L. for commercial artisan contractors. General liability is first dollar; all lines are required; and, up to 10 percent residential. No general contractors but can entertain most classes of subcontractors including sewer and water, even those that do hook-ups, street and road, grading/excavation, plumbing, electrical, concrete, etc.
Dollars: $1 million to $ 2 million.
Carrier: Rated “A” XV by A.M. Best. Admitted.
States: All.
Contact: Bill Newton at 323-857-9400 or e-mail wnewton@lemacassociates.com.
Churches
Nuts & Bolts: ACBOA Insurance Center is offering coverage for churches and other religious groups.
Dollars: Varies.
Carrier: Travelers rated “A+” by A.M. Best. Admitted.
States: All except Florida.
Contact: Kim Holley at 800-394-2767, ext. 1127 or e-mail kholley@ramsgateinsurance.com.
Foreclosed and/or Vacant Property
Nuts & Bolts: Myron Steves is offering property and/or liability coverage for foreclosed and/or vacant properties — residential or commercial. Single policy or reporting form available. On-line system available for financial institutions.
Dollars: Up to $10 million.
Carrier: Major carriers rated “A-” or better by A.M. Best. Admitted.
States: All.
Contact: Gail Bowlin at 713-351-8297 or e-mail gbowlin@myronsteves.com.
Sports Insurance
Nuts & Bolts: American Specialty Insurance & Risk Services and FastCov.com are providing insurance coverage for sports and recreation activities. General liability and accident medical insurance can be secured online through FastCov.com. Requires no volume commitment; brokers sign a broker agreement with American Specialty Insurance & Risk Services Inc. prior to using FastCov.com. General liability insurance provided through the American Specialty Sports and Entertainment purchasing group.
Dollars: $1 million per occurrence/$2 million aggregate.
Carrier: Rated “A+” by A.M. Best. Admitted.
States: All except California, Connecticut, Louisiana, New Hampshire, New York, Oklahoma and Washington.
Contact: Varun Kaushik at 800-245-2744 or e-mail FastCov@amerspec.com.
Kennels and Animal Daycare
Nuts & Bolts: Pennock Insurance Inc is offering its new pet care product, which provides: physical damage coverage for the animals in your care, custody and control, veterinarian medical expense coverage included. Professional liability for grooming is available. No general liability or inland marine deductible. Umbrella or excess liability is available.
Dollars: Varies.
Carrier: Rated “A++” by A.M. Best. Non-admitted.
States: Delaware, Maryland, New Jersey, Pennsylvania, Virginia.
Contact: Edwin Minner at 800-662-5182, ext. 1246 or e-mail eminner@pennockins.com.
TArts & Cultural Classes
Nuts & Bolts: Great American Insurance offers property/casualty programs for arts and cultural classes to include: arts centers, arboreta, botanical gardens, dance, drama and fine arts schools, cultural centers, performing arts, historic sites and museums, nature centers, opera, traveling theatre groups, and historic theatres.
Dollars: Varies.
Carrier: Great American Insurance Co. rated “A” by A.M. Best. Admitted.
States: Alabama, Arkansas, Arizona, Alaska, California, Colorado, Delaware, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, Virginia, Washington, D.C., West Virginia, Wisconsin, Wyoming.
Contact: Rick Hasselbeck at 513-287-8112 or e-mail rhasselbeck@gaic.com.
Technology Manufacturers
Nuts & Bolts: ACBOA is offering coverage for technology manufacturers.
Dollars: Varies.
Carrier: Travelers rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Kim Holley at 800-394-2767 ext 1127, e-mail kholley@ramsgateinsurance.com.
Limousines
Nuts & Bolts: Lancer now offers 15 percent commission for new limousine accounts to retail brokers. Coverage is available for stretches, sedans, super-stretches and limo buses. Coverages include commercial automobile liability, automobile physical damage, commercial general liability, garage liability and garage keeper’s legal liability. Coverage provided on a first-dollar basis. Larger accounts can also be underwritten with a liability deductible. Program not available to radio-dispatched vehicles, car service operations and taxis.
Dollars: Varies. Liability limits up to $5 million CSL.
Carrier: Rated “A-” by A.M. Best. Admitted.
States: Alabama, Arizona, Arkansas, Colorado, Connecticut, Georgia, Idaho, Indiana, Iowa, Kansas, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, Washington, D.C., Wisconsin, and Wyoming.
Contact: Mickey Bayard at 516-431-4441 or e-mail mbayard@lancer-ins.com.
Media Liability
Nuts & Bolts: Euclid Managers is introducing The Disseminator— media coverage with a technology spin. The Disseminator offers error and omissions, confidential source, personal injury and privacy and intellectual property coverages (no patent) all in one policy form. Optional privacy/security enhancements are also available.
Dollars: Up to $10 million.
Carrier: Rated “A” XV by A.M. Best. Admitted.
States: All.
Contact: Marcia Sutton at 816-778-0713 or e-mail msutton@euclidmanagerskc.com.