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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)


Petersen International Underwriters

Petersen International Underwriters announces new enhancements to their Severance Disability Insurance Plan.

Petersen International Underwriters, Valencia, California, announce new enhancements to their Severance Disability Insurance plan that was originally launched in 1998. The new enhancements provide for higher limits and longer durations.

"The need for employers to provide a continuation of benefits for a deposed employee is not a serious problem because of COBRA and life coverage availability. DI within the scope of severance agreements has always been the problem. It arises when the LTD no longer applies to a person who is no longer on the payroll. The liability then becomes the liability of the former employer to provide the promised disability benefit," explains Mark Petersen, VP of Marketing for Petersen International Underwriters.

Previous severance coverage mandated a co-insurance from the employer, but the new enhancements to the Severance Disability Insurance Plan removes this co-insurance requirement along with the ability to closely replicate the previous LTD plan.

Mark Petersen can be reached by phone at 800-345-8816 or by email at mark@piu.org.


The Brownyard Group

Brownyard Group Adds Meadowbrook As New Market

Bay Shore, N.Y - The Brownyard Group (www.brownyard.com), a national program administrator providing specialized insurance coverage for select industry groups, announced today that it has added Meadowbrook Insurance Group as a new market for its security guard and pest control operators programs.

Meadowbrook's insurance carrier subsidiaries, rated A- (Excellent) by A.M. Best, will provide a new workers' compensation market for the Brownyard security guard and pest control operators programs.

Agents and brokers seeking more information on the industry leading programs at the Brownyard Group, should call 800-645-5820, or email info@brownyard.com.


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.


 
 

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