Overview of the Program From Bonding and Insurance Specialists Agency, Inc.
Bonding and Insurance Specialists Agency, Inc. (BISA) offers a focused Workers' Compensation program for environmental contractors. With access to A.M. Best "A" rated carriers and underwriting that understands the hazards of field operations, BISA helps agents place mid-to-large accounts that require specialized attention. The program supports contractors handling hazardous materials, site remediation, abatement, waste hauling, and other environmental field services.
Ideal Accounts and Appetite
This program is designed for mid-sized to larger environmental contractors with target premiums starting at $75,000. Typical classes we consider include:
- Asbestos and lead abatement contractors
- Environmental remediation firms
- Hazardous waste haulers
- Underground storage tank removal contractors
- Environmental consulting firms with regular field operations
BISA will consider accounts with experience modification (mod) factors up to 1.25 when the account demonstrates effective loss control and safety programs.
Coverage Highlights and Advantages
- Placement with A.M. Best "A" rated carriers experienced in environmental operations
- Both guaranteed-cost and deductible plan structures available
- Underwriting tailored to moderate loss experience and specialized exposures
- Flexible appetite across a broad range of environmental contracting classes
Workers' Compensation from this program addresses exposures common to environmental work—chemical and biological hazards, confined spaces, heavy equipment operations, and site-specific risks—with carriers and claims partners familiar with these perils.
Underwriting Notes and Minimum Premiums
The program's minimum target premium is $75,000; submissions below that threshold are unlikely to be accepted. Provide a complete ACORD application, current loss runs (typically 3–5 years), and documentation of safety protocols and loss control measures. Both deductible and guaranteed-cost options are available depending on the account profile and state requirements.
Territories and Availability
This program is available in all non-monopolistic states. BISA currently writes business in the following jurisdictions:
Available States: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WI.
Note: monopolistic workers' compensation states (for example ND, OH, WA, WY) are excluded from this program.
Why Work With BISA on This Business
BISA combines deep environmental industry knowledge with strong carrier relationships to place accounts that need underwriting sophistication. Agents benefit from a partner that understands environmental exposures, offers responsive service, and can structure both guaranteed and deductible solutions to fit client needs.
Example scenarios you might place here: a regional remediation contractor with multiple active sites seeking a deductible program and robust claims handling, or an asbestos abatement firm with higher payroll and structured safety programs looking for market capacity on an admitted or non-admitted basis depending on state availability.
Whether you have a regional cleanup contractor or a national firm performing hazardous site work, BISA provides market access and underwriting expertise to help you secure appropriate Workers' Compensation coverage.
Frequently Asked Questions
What types of accounts are a good fit for this Workers' Compensation program?
Mid-sized to large environmental contractors—remediation firms, hazardous waste haulers, and abatement contractors—with premiums starting at $75,000.
Can accounts with prior losses or higher experience mods be considered?
Yes. Accounts with experience mods up to 1.25 may be eligible if the overall risk profile and safety practices support placement.
Is this program available nationwide?
It is available in all non-monopolistic states. Monopolistic states like ND, OH, WA, and WY are excluded.
What is the minimum premium requirement?
The program's minimum target premium is $75,000.
What types of plan structures are available?
Both guaranteed-cost and deductible plans are offered, subject to underwriting and state rules.
Need help placing an account? Connect with a market specialist.