FIVE STAR SPECIALTY PROGRAMS, a part of Crump Group Inc., released towing and recovery coverage, designed to meet the needs of the professional towing and repossession industries. It includes a number of coverages, such as auto liability, physical damage, general liability and on-hook cargo coverage, as well as garage keepers, personal effects and drive-away coverage.
INOVA PAYROLL partnered with E-COMP to offer Pay-As-You-Go workers' comp, an insurance option that features full integration with payroll, competitive quotes from top-rated insurance carriers, premiums that are calculated on actual payroll (not estimated), and no large deposits up front or lump-sum bills at the end of the year.
NSM INSURANCE GROUP'S Express Hotel Program now provides property coverage for accounts that are hit with an infestation of bedbugs. The endorsement is designed to pay costs to get rid of bedbugs, up to a total of $5,000 per year. There is no cost to add this to new accounts.
WILLIS announced Bedbug Infestation Recovery Insurance (BBIR), developed in collaboration with Lago Vista, Texas-based Professional Liability Insurance Services. It offers a comprehensive risk management and insurance solution that includes: insurance to cover the cost of decontamination services, the cost of rehabilitation expenses and the loss of profit due to business interruption; crisis management services; and risk-control techniques.
London-based ASCOT UNDERWRITING LTD. increased its capacity from 600 million pounds to 650 million pounds for the reminder of 2011.
DRIVECAM INC. expanded its driver risk management, fuel management and fleet tracking solutions into Canada.
RISK MANAGEMENT SOLUTIONS (RMS) has announced the release of the RMS China Typhoon Model, covering both mainland China and Hong Kong. The model delivers advancements in quantifying typhoon-related flood risk, and combined with other modules, provides the ability to quantify the risk from both typhoon and earthquake events.
National insurance brokerage firm, FRANK CRYSTAL & CO., partnered with AXA ART INSURANCE, introduced a new website, www.InsureMyGlass.com designed specifically to serve the insurance needs of contemporary glass collectors. The website allows collectors to obtain an instant quote and certificate of insurance for their glass collections up to $1 million in coverage and also offers advice on how to protect, display and care for valued glass artwork.
RESEARCH AND MARKETS published its Green Building: Project Planning and Cost Estimating, Third Edition, an updated reference for architects, engineers, contractors, building owners and managers. The third edition has been updated with the latest in green building technologies, design concepts, standards and costs.
July 5, 2011
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