My New Markets
Workers’ Comp
Market Detail: California’s State Compensation Insurance Fund (www.scif.com) accepts phone inquiries and submissions, as well as brokered business. There is no minimum premium. State Fund has an alliance with State Fund Medical Provider Network.
Available limits: As needed
Carrier: State Compensation Insurance Fund
States: Calif. only
Contact: Customer service at 800-834-2393
Underground Fuel Tank
Pollution Liability
Market Detail: American Safety Insurance (www.amsafety.com) is a specialty insurance company that provides customized insurance products for businesses and industries under-served by the standard insurance market. It has been providing coverage for environmental risks for more than 20 years.
Available limits: As needed
Carrier: American Safety
States: All states
Contact: Customer Service at 800-388-3647
Adoption/Foster Agencies
Market Detail: Kinsale Insurance Co. (www.kinsaleins.com) targets adoption/foster agencies with the following policy structure: professional liability and general liability coverage; claims-made and reported coverage form (note: general liability occurrence coverage form may be used for certain risks); policies issued with a per claim deductible that applies to both indemnity and expense; broadened coverage available for select risks and may include incident trigger, defense outside the limit, silent on punitive damages, indemnity only deductible, etc.; one-, two-, three-year tail options available. Professional liability and general liability coverage can be written on a stand-alone basis with separate limits or a combined basis with a shared aggregate limit. Primary GL/PL limits available up to $2 million; limits up to $5 million available on an individual risk basis. Employee benefits and non-owned auto coverages are available.
Available limits: Minimum $1 million, maximum $2 million
Carrier: Kinsale Insurance Co.
States: All states except Minn.
Contact: Bob Neal at 804-289-1318 or email: bob.neal@kinsaleins.com
Workers’ Compensation for Health Care Facilities
Market Detail: Corporate Risk Services LLC (www.HealthcareWC.com) has partnered with the nation’s largest workers’ compensation insurance carrier to offer an exclusive program open to the following governing class codes: 8824, 8825, 8826, 8829, 8832, 8833, 9040, as well as incidental exposures in other codes. The program is designed specifically for nursing homes, assisted living facilities, convalescent centers, Alzheimer’s care facilities, CCRCs, and acute care hospitals that generate between $10,000 and $150,000 in modified premium. Risks with experience modifiers of 1.25 or less are eligible. This program is available exclusively through Corporate Risk Services. Note that a supplemental application is required for this program.
Available limits: Minimum $10,000, maximum $150,000
Carrier: Unable to disclose, admitted
States: All states except Alaska, Calif.,
Hawaii, Mass., N.D., Ohio, Wash., and Wyo.
Contact: Dennis Laughlin at 479-271-7475 or email: dlaughlin@mrmsi.com
SocialServicesGUARD
Market Detail: Smith Bell & Thompson Inc. (www.willisprograms.com) offers an insurance program for nonprofit and for-profit social service agencies that provide professional services other than “hands on” medical care. Eligible classes include: alcohol and drug rehab/clinics; adult day care; behavioral/mental health facilities; community service organizations; counseling services; and crisis centers.
Available limits: As needed
Carrier: Unable to disclose, admitted
States: All states
Contact: Matthew Charlton at 720-921-2145 or email: matthew.charlton@willis.com
Duct Cleaning Contractors
Market Detail: UCPM Environmental Insurance (www.ucpm.com) offers coverage for contractors engaged in duct cleaning operations, which may represent an untapped source of revenue for your agency. These contractors often face a number of environmental exposures, and are a class that environmental carriers are more comfortable with than many of the standard markets. This class of business can often be written on a combination package policy with general liability and pollution coverages together. Minimum premiums start at $4,000.
Available limits: Minimum $1 million, maximum $10 million
Carrier: Unable to disclose, non-admitted
States: All states
Contact: Customer service at 800-685-8185