ProHost Adds Identity Fraud Expense Coverage to Restaurant Programs

ProHost USA has added an optional Identity Fraud Expense Coverage endorsement to its restaurant programs The form includes coverage for expenses incurred as a direct result of identity fraud. Eligible expenses include costs for notarizing affidavits and other documents, certified mail, obtaining credit reports and lost income resulting from time taken off work to address the identity fraud.

Mortgage Guard Lender Placed Insurance

Mortgage Guard® Lender Placed Insurance consists of the Proctor Financial, Inc. master policy for lender placed hazard and liability insurance for residential and commercial properties. When a person fails to make insurance payments, a lender must acquire insurance for the property to protect the lender’s interest in that property.

Professional Liability Insurance Services, Inc.

PLIS, Inc. - Underwriting Facilities provides insurance agents, employers and professional clients with our customized professional liability programs. In conjunction with its insurance programs, PLIS also offers a variety of specialized services.

Bar and Tavern Insurance from M.J. Hall and Company, Inc. 

Bar and Tavern Insurance covers businesses that may or may not serve food, these also cover bars & taverns with or without dance floors, or featuring live entertainment. An establishment is typically considered to be a bar or tavern if alcoholic beverage sales are more than 50% of gross sales ...

Here are the markets that agents are searching for this week:

1. Commercial General Liability 
2. Commercial Auto 
3. Roofing Contractors 
4. General Liability 
5. Hotel/Motel Chains 
6. Workers Compensation 
7. 24 Hour Convenience Stores 
8. Adult Book Stores Workers Compensation 
9. Ambulance Companies 
10. Jewelry and Fur Floaters 
12. View all of the newest markets from the CompleteMarkets.com Home page (right-hand column) each with direct links to program storefronts.

Analysis: CA Work Comp Insurance 2012 Mid-year rate proposal equals an average pure premium rate increase of 47.33%

On April 12, 2012, the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) proposed new pure premium rates for businesses that renew their workers’ compensation insurance starting July 1, 2012.

Keep in mind that pure premium rates are not necessarily what a carrier will charge a policyholder on July 1st. A pure premium rate is simply the amount the WCIRB expects carriers’ to pay for claims, losses and loss adjustment expense based on the kind of work a person does. The proposed pure premium rates do not contemplate the other things insurance companies need to pay, like salaries to underwriters, commissions to brokers or dividends to shareholders.

NAS Allied Medical Facility Offering NetGuard™ Plus Endorsement

NAS Insurance Services Allied Medical Facility currently provides $25,000 of NetGuard™ Plus on all policies. Effective immediately, insureds will have the opportunity to purchase a NetGuard™ Plus endorsement with limits up to $100,000. NetGuard™ Plus, NAS’ trademarked innovative cyber liability product, includes coverage for customer notification and credit monitoring costs, network security and privacy, data recovery and media liability costs.

Tri-State General introduces new GMAC Insurance for commercial vehicle protection

Now introducing GMAC Insurance commercial vehicle protection from Tri-State General Insurance! Great coverage options available for artisans and skilled tradesmen.

GMAC Insurance specializes in providing coverage to skilled tradesmen – plumbers, electricians, landscapers, etc. – who have vehicles essential to the success of their businesses and their livelihoods.

THE MECHANIC GROUP’S EXCLUSIVE PROGRAMS FOR THE PRIVATE SECURITY INDUSTRY UTILIZE “A” OR BETER A.M. BEST RATED INSURERS

The Mechanic Group features exclusive private security insurance programs that utilize "A" or better A.M. Best rated insurers, which have proven claims management programs to protect insureds. Marc Katz, Principal – Open Brokerage Wholesale Division reports, “We work closely with brokers in all 50 states to select policies that protect their insureds’ businesses and bottom lines.”

NAS Appoints Jill Linhardt, Senior Vice President of Claims

NAS Insurance Services named Jill Linhardt, Senior Vice President of Claims. Jill has been with NAS since 1994 and is a principal. An attorney by training, Jill began as an underwriter with NAS and moved to the Claims Department in 2000. Over the past 12 years, she has served as Vice President of Claims, overseeing the Claims Department, including coverage evaluations, communications with attorneys, insureds and reinsurance clients. Jill is an integral part of the NAS team and has been on the frontlines of customer support, ensuring that our clients receive the best possible claims handling.