 December 2010 / January 2011 Edition
More reasons to place your Work Comp business with IA&B Market Options:Rochdale added to the list of Pay-As-You-Go approved carriers! Say "Goodbye" to end-of-year audits with ARI's pay-as-you-go system! This new feature allows insureds to pay their premiums based on actual payrolls instead of estimates. Program highlights include:
- Compatible with hundreds of agent-friendly payroll companies
- Simple certification process to add new payroll providers
- Seamlessly integrates all major retail and professional payroll software programs
- Intuitive web-based self-reporting optionsAvailable now with Rochdale and AIG/Chartis
Place more work comp business with ARI's recent addition of Zurich to its carrier portfolio. Watch for details and underwriting information coming soon.
RLI Personal Umbrella Program: GOOD NEWS!RLI is expanding the availability of Excess Uninsured/Underinsured Motorists coverage for the Personal Umbrella product. Excess UM/UIM coverage will be written with a $1,000,000 limit. This option will be available for new and renewing policies. Effective Dates: Delaware - January 1, 2011 Maryland - February 1, 2011 Pennsylvania - February 1, 2011 Prepare now for an easier transition to the new applications and procedures. Please visit www.iabgroup.com / Insurance Products where you can obtain the new application and rate sheets that will be required in all states.
Market Option Question of the Month:I just received a copy of the insured's renewal declaration page and the limit of coverage is different than last renewal. Did the insured request this change? Yes. On the renewal bill the insured has the option to pay the premium for either a higher or lower limit of coverage. |