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Posts tagged with work

ProHost Adds Identity Fraud Expense Coverage to Restaurant Programs

Author EdwardMurayama , 4/27/2012

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.


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

Author EdwardMurayama , 4/19/2012

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.


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

Author EdwardMurayama , 4/16/2012

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.”