Quote of the Month
"One person with a belief is equal to a force of ninety-nine who have only interests.” - Peter Marshall
 
 

Market Trends & Updates

 
 

 

Week of 5/6/2012 - 5/12/2012:

School District & Educators Legal Liability - Utica Mutual revises rates and rules in VA.

For-Profit Businessowners - USLI increases rates in OR.

Kidnap & Ransom - U.S. Specialty files new and revised endorsements in IN and GA.

Private & Pleasure Watercraft Program - Argonaut introduces rates, rules and forms in MN.

Hospital Program - Medical Protective introduces new Cyber Liability Coverage and Director, Officers and Trustess and EPLI Coverage in VT.

Week of 4/29/2012 - 5/5/2012:

Chiropractors Professional Liability - NCMIC decreases rates in CA.

Multiguard Farm & Ranch Program - Firemans Fund revises Equine Coverage rates in IN.

Motorcycle Program - Rider files new rules in NJ.

Financial Institutions - Chubb introduces rates and forms for a new Primary Program in RI.

Jewelers Block Product - Jewelers Mutual files Businessowners rates, rule and forms in NE.

Week of 4/22/2012 - 4/28/2012:

Cultural Institutions General Liability - Philadelphia introduces new Cultural Institutions General Liability Endorsement for risks with cultural institution exposure including Museums and Zoos in PA, CT, NJ and VT.

CyberFirst Program - Travelers introduces new CyberFirst Expense Reimbursement Coverage in CT, IA and VT.

Architects, Engineers and Environmental Services Program - Liberty Mutual decreases rates in IN and MO.

Employment Practices Liability - Towers introduces rates, rules and forms designed to cover businesses with 50 or fewer employees and a referral program designed to cover businesses with 51-250 employees in NY.

Precision America Restaurant Program - Farmers introduces Businessowners forms providing coverage for Restaurant Small Businessowners in PA.

Week of 4/15/2012 - 4/21/2012:

Physicians & Surgeons Program  - MAG Mutual introduces a new program in IN.

Lawyers Professional Liability- OneBeacon increases rates in NY.

Aviation Program - QBE introduces a new program in VA.

Dentists Professional Liability - Pharmacists Mutual introduces program in PA offering coverage for individuals and entities.

Avenues Education Advantage Program - Hanover receives approval for 40+ new and revised policy forms, endorsements and state exception pages in CA.

 


Week of 4/8/2012 - 4/14/2012:

Public Entity Package Program - Companion Commercial introduces a new program in IN.

Avenues BOP Data Breach Coverage - Hanover introduces new Data Breach forms and rates in NJ.

Dental Hygienist & Assistant Professional Liability - Beazley introduces a new program in NY and FL.

Sports & Recreation Providers Assocation RPG - Crum & Forster introduces new GL Program in CT, NJ, IN.

Psychoanalysts Professional Liability - Chartis increases rates in IA, RI and PA.

Week of 4/1/2012 - 4/7/2012:

Professional Premier for Lawyers - Westport increases rates for their program in IN and MI.

FlexiPlus Five Directors & Officers - Philadelphia Indemnity increases rates and files revised rate/rule manual for their program in CA.

Healthcare Facilities Professional/General Liability - Doctors files initial rates, rules and forms for their new program in CA.

Physicians & Surgeons Professional Liability - Healthcare Underwriters files revised rates and underwriting guide for their program in FL.

CyberFirst - Travelers introduces a new CyberFirst Expense Reimbursement Coverage to be used with their program in CT.

Week of 3/25/2012 - 3/31/2012:

Abuse or Molestation (Including Corporal Punishment) - Everest National introduces a new form that modifies the CGL Coverage Part in NY.

Financial Institutions Select - Zurich introduces 10 coverage parts for their new program in FL.

Entertainment, Sports & Leisure Package - New York Marine & General introduces Professional Liability E&O coverage for their program in MA.

AquaPac Boatowners - American Family Home introduces rates, rules and forms for a new program in RI.

Data Compromise - Liberty Mutual/American Economy introduces a Data Compromise Coverage Tiering Chart to the Safeco Businessowners Program rate manual in VA.

Week of 3/18/2012 - 3/24/2012:

Executive & Organization Liability - Chartis files 67 new endorsements related to D&O, Corporate Liability and Crisis Loss Coverages for their program in MA.

Podiatrists Professional Liability - PICA introduces additional limits and files revised rate pages for their program in VA.

Pro GARD Healthcare Services - Fireman's Fund/Chicago introduces rates and rules for a new program that offers Medical Professional Liability coverage for 150+ classes in FL.

Motorcycle - Dairyland increases rates for their program in MI.

Individual Tuition Refund  - Markel introduces rates, rules and forms for a new program that offers individuals tuition or fee reimbursement for schools, camps, daycare centers, etc. in MN.

Week of 3/11/2012 - 3/17/2012:

Lawyers Professional Liability - SPARTA receives rate and form approval for a new program in RI.

Brownstone - Aspen American decreases rates and introduces a new Preferred Condo Factor & Eligibility Rule for their program in NJ.

Human Services Package - Hanover introduces a new program that provides Professional Liability, Commercial Property and General Liability coverage in DE.

TrueLane Telematics/Private Passenger Auto - Hartford/Trumbull revises rules and rating factors for their program in CT.

Data Compromise - Employers Mutual Casualty (EMC) introduces rates, rules and forms for a new program in NH.

Week of 3/4/2012 - 3/10/2012:

Life & Health Insurance Agents Professional Liability - Aspen American introduces rates, rules and forms for a new program in CA.

Community Associations - Travelers Casualty & Surety increases D&O and EPLI rates in CT.

Allied Health Professional - Liberty Insurance Underwriters receives approval for revisions to their program in NY.

Employment Practices Liability/EPLI - Everest National introduces a new program in NY.

Lawyers Professional Liability - Carolina Casualty increases rates in NH.

Week of 2/26/2012 - 3/3/2012:

Oral & Maxillofacial Radiologist Specialty - Medical Protective introduces new class to their Dentists Professional Liability Program in NJ.

Cyber Security Liability - Philadelphia Indemnity introduces a new independent program in NY.

Self-Storage Leased Premises - Aegis Security introduces rates, rules and forms for a new Commercial Inland Marine Program in MN.

Architects, Engineers & Environmental Services - Liberty Insurance Underwriters (LIU) decreases rates to their program in NJ.

Financial Institution Professional Liability - Travelers Casualty & Surety introduces policy forms and endorsements to be used with their Modular Program in MA.

Week of 2/19/2012 - 2/25/2012:

Accountants Professional Liability - Argonaut receives rate and form approval for a new program in CT.

Employment Practices Liability/EPLI - Scottsdale/National Casualty decreases charge for Third Party Coverage in MN

Physicians & Surgeons Professional Liability - Medical Liability Alliance files a revised rule manual in MO.

SuperTek Technology E&O - USLI/Mount Vernon Fire introduces rates, rules and forms for a new program in NY.

Healthcare Services Professional Liability - MAG Mutual introduces rates, rules and forms for a new program in MD.


Week of 2/12/2012 - 2/18/2012:

Non-Profit Management - Zurich American introduces a new program that offers Management, EPLI, Fiduciary and Crime Coverage Options in VA.

Liquor Liability -  Hospitality introduces rates, rules and forms for a new program in RI.

Motorcycle - Foremost P&C and Foremost Insurance Co. of Grand Rapids, MI increase rates in MD.

Child Care & Education - Markel decreases For-Profit rates and introduces Not-For-Profit rates in PA.

Amateur Sports - Philadelphia Indemnity introduces General Liability and Professional Liability Coverage for Race Directors in MA.


Week of 2/5/2012 - 2/11/2012:

Premier Attorneys - Markel receives rate and rule approval for a new program that targets small attorney firms in CT.

Dentists Professional Liability - Fortress increases rates in GA.

Privatus Plus Management Liability - AXIS introduces rates, rules and forms for a new program that offers D&O, EPLI, Fiduciary, and Crime Coverage Options for Private Companies in MA.

Miscellaneous Medical Professional - Beazley introduces rates, rules and forms for a new program in IN.

Antique Auto - USLI introduces a new program designed for Antique & Collector Autos and Motorcycles for use in exhibitions/parades and hobby purposes in RI.

Week of 1/29/2012 - 2/4/2012:

Real Estate Services E&O - QBE Insurance Corporation introduces rates, rules and forms for a new program in RI.

Finsecure Financial Institutions - Berkley/StarNet introduces rates, rules and forms for a new package program in NY.

Cover Pro Chiropractors Professional Liability - Philadelphia Indemnity introduces rates, rules and forms for a new program in VA.

Dentists Professional Liability - Medical Protective increases rates in NJ.

Limited Abuse/Molestation - Great Midwest introduces new Coverage Endorsement for their Allied Health Program in PA.


Week of 1/22/2012 - 1/28/2012:

@vantage for Financial Institutions - OneBeacon/Atlantic Specialty introduces rates, rules and forms for a new program in DE.

Sexual Misconduct/Molestation - Nova introduces new GL Coverage Form for their Recreational Program in NH.

Management Liability - Torus National introduces rates and rules for a new package program in MD.

Non-Profit Management - XL/Greenwich introduces rates and forms for a new program in DE.

Temp Staffing Agencies Professional Liability - Philadelphia Indemnity introduces rates, rules and forms for a new program in MO.


Week of 1/15/2012 - 1/21/2012:

Kidnap & Ransom - Hiscox revises Rating Manual to include an Educational Institutions Supplement in DE.

Public & Educational Entity Pollution Liability - - ACE American introduces rates, rules and forms for a new program in GA.

Glatfelter Public Practice - Munich Re/AAIC increases Wastewater District, Public Officials & Management Liability rates in PA.

Approach for Country Clubs - Allied World National Assurance introduces D&O, EPL and Fiduciary rates, rules and forms in FL.

Commercial Truck - Northland increases rates and files updated rate/rule exceptions in RI.


Week of 1/8/2012 - 1/14/2012:

Pest Control & Green - AmTrust/Wesco introduces rating rules and forms for a new program in MI.

AFB Technology & Liability - Beazley introduces a new First Party Computer Security Coverage Form in RI.

Entertainment, Sports & Leisure Event - NY Marine & General introduces rates, rules and forms for a new package program in MA.

Physicians & Surgeons Professional Liability - Capson introduces rates and rules for a new program in NM.

Healthcare Providers - ProAssurance Indemnity decreases rates and files an updated rate/rule manual in WY.


Week of 1/1/2012 - 1/7/2012:

Directors & Officers Liability - Plaza introduces rating plans and forms for a new program in NJ.

Employment Practices Liability/EPLI - Argonaut introduces EPLI rating plan to be used as part of their new Private Company Management Program in FL.

Child Care/Day Care Service Providers - SPARTA introduces new Limited Abuse or Molestation Coverage in NY.

Motorcycle, Off-Road Vehicle & ATV - Allstate Property & Casualty increases rates and revises tier rating factors in NY.