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... Lease Work Construction & ... Pipeline Construction/Dealers ...

... markets, find interested carriers, launch their own programs-and kiss competition good-bye. Open Doors For Ward Insurance Agency of Gatesville, opportunity did more than just knock. It walked in the front door and asked for an application. In about 1980, a controller from a construction firm office up the street walked in and asked if we had a contractor surety questionnaire, ' recalls John Ward, one of two principals in the family-owned business. The contractor had messed up the form provided by an out-of-town agent and needed a clean version to ... out. I said I could provide the same service for him locally, ' says Ward. We had never done surety bonds before and I thought it would be like writing a fire policy. It was a real learning experience. Today, due to a lot of hard work and a common sense approach, construction surety bonds-guarantees that contractors will complete construction projects-account for about 15 percent of the agency's $2.25 million in annual premiums. Three-quarters of the agency's business is in commercial lines, and about half of that is with construction businesses ... , before Art Glatfelter went to bat for them. VFIS writes all lines of business except workers' compensation' for volunteer fire departments and emergency service organizations. Available coverages include injury-to-firemen liability, accident and sickness, vehicle agreed value for engines, errors and omissions liability, pollution liability, medical malpractice, bonding and others. VFIS currently insures more than 500 Texas volunteer fire departments and emergency service organizations, Regnier says, primarily in Houston , Dallas and San Antonio/Austin regions. The average premium is about $9 ,000, ...

...bout 1980, a controller from a construction firm office up the street walked i...rage because they involve no public liability, Everhart notes. Avoiding ar...

... Non-Owned Watercraft • Workers' Compensation • Umbrella Targeted Classifications: Anchor Setting and Cementing Calibration/Reading Cleaning or Swabbing Coal, Gems, Stone, Rock, & Gravel Mining Engineers and Consultants Equipment Rentals/Sales Exploration & Production Hazmat Transportation Lease Operators of Wells Lease Work Construction & Roustabout Operations Manufacturers & Distributors Oil or Gas Well Instrument Logging Oil or Gas Well Perforating Oil/Gas Rig or Derrick Erecting or Dismantling Onshore Engineering/ Construction Pipeline Construction/Dealers Power Generation Pumpjack Repair/Servicing Site Preparation Underground Resources/ Equipment Utility Companies Welders ... segments: exploration, production, processing, and distribution, with the primary focus and greatest opportunities lying in the production sector. The three main types of companies seeking insurance for oil and gas production are oil lease property, well servicing and workover equipment, and service contractors. Each aspect includes steps such as casing, cementing, and perforating. From supervision of the rig equipment and tools through the various aspects of the process to obtain oil and gas, there is a wide margin for errors. Each individual contractor as well as ... lease properties. This emerging industry is a great prospect for insurance agents to expand their current book of business and clientele. USG offers coverages specialized for this industry including: • General Liability • Property • Auto • Contractors' Equipment • Inland Marine • Ocean Marine • Pollution/ Environmental • UST's/AST's • "Wet" Endorsements: "In Rem," Gulf of Mexico, & Non-Owned Watercraft • Workers' Compensation • Umbrella Targeted Classifications: Anchor Setting and Cementing Calibration/Reading Cleaning or Swabbing Coal, Gems, Stone, ...