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Results for content tagged as Inland marine (general)

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Mar 2, 2016 - Lisle, Ill., March 2, 2016—Inland marine professionals can learn about the risk implications of new technologies during a breakout session at the 2016 AAIS Main Event conference, April 24-26 in Ponte Vedra Beach, Fla. The Main Event is sponsored by the American Association of Insurance Services (AAIS), a national insurance advisory organization that that supports more than 25 insurance line programs, including leading programs in inland marine insurance. The Main Event's inland...

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Oct 6, 2015 - Berkshire Hathaway Specialty Insurance (BHSI) recently announced that it has launched a full line of inland marine insurance products based on policy forms provided in the AAIS Inland Marine Guide. BHSI provides commercial property, casualty, healthcare professional liability, executive, and professional lines insurance underwritten on the paper of Berkshire Hathaway's National Indemnity group of companies. According to the announcement, the classes of coverage available include  Builder...

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Jun 22, 2015 - The latest edition of the AAIS Inland Marine Cause of Loss Report is now available free of charge on AAISdirect to insurers that use AAIS inland marine and output programs, or who report inland marine premium and loss experience to AAIS. The report, which has been published annually for decades, provides data on premiums and losses for more than 40 classes of inland marine insurance. Results are available for calendar year 2014 and cumulatively for 2010-14. For each class, losses are cat...

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May 14, 2015 - Joseph S. Harrington, CPCU, director of corporate communications for AAIS, will address the 2015 Regional Adjusters Conferences sponsored by the Property and Liability Research Bureau (PLRB).  Joe will be a co-presenter on "Inland Marine Coverages and Claim Strategies" with Anthony DeCesare, vice president and executive general adjuster with Charles Taylor Adjusting, Houston, Tex. Joe and Anthony will be co-presenting at three regional conferences: June 16-17 in Frisco, Tex...

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Feb 10, 2014 - [ACTION_PRINT_ARTICLE] Mark Katz, an attorney with the New York City firm Mound Wollan Cotton & Greengrass, is returning to the 2014 AAIS Main Event to offer expert observations on legal topics related to inland marine insurance. The 2014 Main Event is scheduled for April 6-8 in Hilton Head Island, S.C.  Mark will be speaking on Tuesday morning, April 8, during the conference's inland marine track, which focuses this year on "Utilizing Location Information in Inland Marine." Mark wa...

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Dec 3, 2013 - [ACTION_PRINT_ARTICLE] The December 2013 edition of Best's Review magazine features an article on inland marine insurance by Joseph Harrington, AAIS director of corporate communications. The article, entitled "The New Normal," covers how inland marine insurers are responding to recent high levels of catastrophe losses. This trend makes for a new emphasis on catastrophe management  in a line where catastrophe losses have not been a principal concern. "In the face of these demands," Har...

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Aug 13, 2013 - [ACTION_PRINT_ARTICLE] Robert Guevara, AAIS vice president of commercial lines and inland marine, will give a presentation and appear on a panel at the 2013 Annual Conference of the Association of Insurance Compliance Professionals, Oct. 6-9 in Toronto, Ont. In a presentation entitled "Commercial Inland Marine," Bob will explore how commercial inland marine is defined, what kinds of risks are covered, how state regulations define it, and which states require filing of forms and/or rate...

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May 3, 2013 - [ACTION_PRINT_ARTICLE] Inland marine professionals attending the 2013 annual meeting of the Inland Marine Underwriters Association (IMUA) are invited to attend a demonstration of a new application for rating policies based on the AAIS Commercial Output Program (COP). The demonstration will take place 8-10 a.m. Eastern time, May 22, the morning following the conclusion of the IMUA meeting, at the InterContinental Buckhead Hotel in Atlanta, Ga., site of the IMUA meeting. Attendan...

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Oct 12, 2012 - [ACTION_PRINT_ARTICLE] AAIS has released new and revised forms, endorsements, and schedules in the Builders Risk section of the Inland Marine Guide. Among the changes are three provisions added in the base forms to provide protection to carriers against exposures arising from recent court rulings. Two provisions clarify that: There is no coverage under the policy for any diminution of value to property that has been repaired or replaced following a covered loss; and There is no co...

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Jun 4, 2012 - Data-Based Decisions: The Potential Role of Analytics in Inland Marine The inland marine segment of the 2012 AAIS Main Event was uniquely challenging to organize, largely because the speakers were asked to address something that hasn't happened yet. To date, there is very little indication that data-based predictive analytics are being used in inland marine insurance. Yet, for everyone gathered at the session, it was not at all too early to consider the implications of analytics for t...