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Markel American Insurance Company
Markel American Insurance Company Announces
Launch of New Excess Flood Program
PEWAUKEE, WI, - Markel American Insurance Company is pleased to announce the December 15, 2007 launch of their new admitted Excess Flood program for residential and non-residential properties. The program will be available in Alabama, Arizona, California, Colorado, Mississippi, North Carolina, Oregon, Pennsylvania, South Carolina and Virginia.
The Markel American Insurance Company (MAIC) Excess Flood program provides property owners with coverage in excess of the National Flood Insurance Program (NFIP). The new MAIC program will be offered through Advanced Insurance Coverages, Inc., a wholly owned subsidiary of National Flood Services, Inc. and is designed to provide additional protection for the tens of thousands of property owners who are affected by flooding each year.
"Since most standard homeowner insurance policies don't provide coverage against flood damage, homeowners have traditionally turned to the NFIP for flood protection," according to Timberlee Grove, president and COO of Markel American Insurance Company. "However, the NFIP doesn't offer enough protection for many homeowners, given the maximum $250,000 available for dwelling coverage. MAIC's Excess Flood insurance allows property owners to more fully protect against flood damage."
National Flood Services, Inc., known as NFS, provides third-party flood insurance administration services to many Property and Casualty companies that participate in the federal National Flood Insurance Program (NFIP). NFS performs full administrative services such as flood insurance applications processing, claims management, accounting and financial reporting, customer service phone support, and insurance marketing assistance. A wholly-owned subsidiary of Fiserv, Inc. (NASDAQ: FISV), NFS serves property/casualty companies issuing policies in the US, Guam, Puerto Rico, and the Virgin Islands.
The Richmond, Va-based Markel Corporation markets and underwrites Specialty insurance products and programs to a variety of niche markets. In each of these markets, the company strives to provide quality products and excellent customer service. For more information, please visit www.markelcorp.com .
NAS Insurance Services
NAS OFFERS NEW MEDEFENSE ENDORSMENT THAT INCLUDES COVERAGE FOR ALLEGATIONS OF FRAUD AND ABUSE IN MEDICARE BILLING
Encino, Ca - NAS Insurance Services has a new Medefense Plus Endorsement that can be added to Miscellaneous Errors and omissions insurance
The endorsement provides coverage for defense costs, civil fines and penalties for HIPAA and Billing Errors proceedings. In addition, there is a broad definition of billing error proceedings that includes audits/investigations/proceedings instituted by a government health payer (Medicare/Medicaid) or resulting from voluntary self-disclosure. There is a payment for shadow audits and a waiver of co-insurance if panel attorney is selected.
Coverage is available up to $2 MM combined limits with E&O available.
The acceptable classes include medical billers and coders, practice Management and healthcare consultants.
For more information contact: Anita Ching-Bryant, Sr. Underwriter (818) 808-4474 or abryant@nasinsurance.com; Kim Nibbe, Sr. Underwriter (818) 808-4460 or knibbe@nasinsurance.com.
Monitor Liability Managers
Monitor Liability Managers Offers New Independent Director Insurance Coverage
Protects the Personal Assets of Individual Directors
ROLLING MEADOWS, Il. - Monitor Liability Managers, Inc. (Monitor), a member company of W. R. Berkley Corporation (NYSE: BER), announces the launch of a new Independent Director Liability (IDL) Insurance policy that provides individual protection to independent directors.
The new IDL policy, underwritten by Monitor on behalf of certain of W. R. Berkley Corporation's insurance company subsidiaries, protects the personal assets of an individual, independent director of a publicly traded, privately held or nonprofit organization. Unlike policies with limits shared across an entire board of directors, or a group of independent directors, the IDL policy is written to cover an individual. Each independent director may obtain his or her own policy and limit of liability.
For more information about Monitor's Independent Director Liability Insurance, please contact David Aller daller@monitorliability.com or (800) 446-2100, extension 502. Coverage under any IDL policy is specifically governed by its terms and conditions.
NAS Insurance Services
NAS OFFERS NEW MEDEFENSE ENDORSMENT THAT INCLUDES COVERAGE FOR ALLEGATIONS OF FRAUD AND ABUSE IN MEDICARE BILLING.
NAS Insurance Services has a new Medefense Plus endorsement that can be added to Miscellaneous Errors and Omissions insurance.
he endorsement provides coverage for defense costs, civil fines and penalties for HIPAA and Billing Errors proceedings. In addition, there is a broad definition of billing error proceedings that includes audits/investigations/proceedings instituted by a government health payer (Medicare/Medicaid) or resulting from voluntary self-disclosure. There is a payment for shadow audits and a waiver of co-insurance if panel attorney is selected.
Coverage is available up to $2 MM combined limits with E & O available.
The acceptable classes include medical billers and coders, practice management and healthcare consultants.
For additional information on the Medefense Plus endorsement, please contact Anita Ching-Bryant, Senior Underwriter, at (818) 808-4474, abryant@nasinsurance.com or Kim Nibbe, Senior Underwriter, at (818) 808-4460, knibbe@nasinsurance.com
LIG Marine Managers
LIG Marine Managers Announces
New Elite Longshore Program!
St. Petersburg - LIG Marine Managers announces their bran new Elite Longshore Program.
Key Advantage to agents include:
- Quotes in Hours (Not Weeks)
- Instant In House Underwriting
- Elite Market Access to Carriers That will Not Have Seen The Risk From 10 Other Producers
- Increased Commission
- Policies Issued In Days, Not Months
- Flexible Underwriting
- Aggressive Price
- Service With A Capital"S"
Additional information is available at www.LIGMarine.com or call (866) 578-2800 ext. 1
Petersen International Underwriters
Petersen International Underwriters Announces
Online International Major Medical Insurance
Petersen International Underwriters, Valencia, California, now offers the option of applying for, buying, and printing international policies online. Insurance agents and producers are assigned their own unique link which automatically recognizes their business and pays them full commissions. This process also includes a printable ID card and a proof of insurance letter, which is required by most consulates to obtain a travel visa.
For more information contact Jimmy Petersen at Jimmy@piu.org or 800-345-8816 or visit the website at www.piu.org.
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