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  ARCHIVE OCTOBER 2007
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Any additional coverage and/or extension of an existing coverage that meaningfully enhances the features and benefits of an existing excess, surplus, or specialty lines product or program. Disclaimer (please read)


Advanced AFG Risk Services LLC

Announcing a New, Unique Commercial Property Insurance Program for Tree Farms and Nurseries Program Covers Challenging Tree, Plant and Shrub Exposures in 16 States

SOUTHBURY, CT. - Advanced AFG Risk Services today announced a new, unique commercial property insurance program for insured's with challenging tree, plant and shrub exposures. An early freeze, a lightning strike or even the weight of ice and snow can destroy trees, plants and shrubs that have taken years to cultivate. This new commercial property insurance program covers arboretums; builders and developers; colleges, universities or municipalities with landscape exposure; golf courses; homeowner associations; nurseries; office and shopping parks; tree farms, etc.

"We offer limits up to $10 million under a single insurance program for fire - brush areas - wind, freeze, weight of ice and snow, lightning, theft and others. All trees, plants and shrubs as well as pertinent buildings such as retail stores, storage buildings and equipment are covered," says John Dowling, president of Advanced AFG Risk Services, LLC.

Underwritten by an A.M.Best "A" (Excellent) rated company, the program is available in 16 states including Alabama, Arizona, Arkansas, California, Colorado, Georgia, Kentucky, Louisiana, Missouri, Nevada, North Carolina, Oklahoma, South Carolina, Texas, Utah and Virginia. Soon to be added are New Mexico and Tennessee. The property insurance program offers competitive coverage terms and service including a minimum deductible of $10,000 and minimum premium of $5,000.

For more information, contact John Dowling at +1.203.267-4661 or jdowling@advancedins.com.


HANNOVER NAMES ROCKWOOD AS ADMINISTRATOR FOR MGA E&O PROGRAM

Hannover Re subsidiary International Insurance Company of Hannover Limited (Inter-Hannover) has named Rockwood Programs, Inc. to serve as the administrator of an Errors and Omissions product specifically designed to address the liability exposures faced by Managing General Agencies (MGAs), Program Administrators, and large wholesale operations. This insurance coverage will be marketed under the name of Rockwood Defender.

Inter-Hannover has delegated full underwriting authorities to its program administrator. Claims administration will be handled by Wilson Elser - a New York-based law firm with extensive insurance agent E&O-related litigation experience.

The Rockwood Defender product offers limits of up to $5 million per claim and a $5 million aggregate. Coverage is written on a claims-made and reported basis. The policy includes carrier insolvency and punitive damages (where insurable) and can be endorsed to include supplemental defense limits and first dollar defense. Inter-Hannover is rated "A-"(Superior) by A.M. Best.

Interested parties can learn more about this program as well as the other products and services offered by accessing Rockwood's website at www.rockwoodinsurance.com. The company can also be contacted directly by calling toll-free 877-764-4555. The fax number is 302-764-5477.

For additional information, contact Darryl McCallin - Vice President (877) 764 - 4555 E-mail address: darryl.mccallin@rockwoodinsurance.com


NAS Insurance Services

NAS NOW PROVIDES AUTOMATIC DEFENSE COVERAGE IN ITS EPLI INSURANCE FOR WAGE AND HOUR CLAIMS

Encino, CA - NAS Insurance Services now provides automatic defense coverage for its EPLI-insureds for wage and hour claims.

The new coverage provides defense protection for 25% of the per claim limit.

NAS Insurance Services is an underwriting manager located at 16501 Ventura Blvd., Suite 200, Encino, CA 91436, telephone (818) 382-2030, fax (818) 382-2040, Web site: www.nasinsurance.com. Melvin Osswald, VP, Can be contacted at (818) 808-4467 or at mosswald@nasinsurance.com. You can also contact Genevieve Alexander, Underwriter, at (818) 808-4463 or galexander@nasinsurance.com, or Rolanda Bell, Underwriter, at (818) 808-4462 or rbell@nasinsurance.com


 
 

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