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BIB Recent Success Stories - January 2022
Workers' Compensation:
Account: MA Carpentry
Coverage: WC
Premium: $4,500
Account: MA Hotel
Coverage: WC
Premium: $1,000
Account: MA Excavation Contractor
Coverage: WC
Premium: $20,000
Account: IN Trucking
Coverage: WC
Premium: $150,000
Account: AZ Trucking
Coverage: WC
Premium: $43,000
Account: IN Contractor
Coverage: WC
Premium: $4,500
General P&C and Environmental:
Account: CO Habitational
Coverage: PL/GL
Premium: $14,000
Account: CA Food Manufacturing
Coverage: Product recall
Premium: $19,000
Account: RI Pest Management Contractor
Coverage: Admitted 2x5 Excess Liability
Premium: $18,000
Account: AR Alumni Holiday Party
Coverage: GL/Liquor Liability $3M/$3M
Premium: $346
Account: NH Manufacturer & Distributor of Forestry Crane Attachments and Crane Trucks
Coverage: CGL/Products Liability, $10M Excess
Premium: $57,000
Account: NY Mid-Term/Completion Builder’s Risk
Coverage: Builder’s Risk ($11.5M JM TIV) & CGL
Premium: $103,500
Account: MA, GA, TX, & UT National Distributor of Tire-Related Automotive Products
Coverage: Package, Auto, WC, & $10M Umb (all with same national admitted carrier)
Premium: $263,000
Account: MA Commercial Bakery
Coverage: Package, Auto, WC, $20M Umb, Tank Pollution Policy & Executive Protection/PL Lines (all admitted minus tank policy)
Premium: $224,000
Account: MA Contractor with Excavation, Ash Hauling and Trucking Operations
Coverage: GL, $5M Excess, and $1M/$2M CPL
Premium: $56,000
Account: MA 150 Unit Residential Condominium Association ($25M values)
Coverage: Package, $1M Excess, and $1M D&O/EPL, all with same admitted carrier
Premium: $33,500
Account: MA Distribution/Service of Household Appliances
Coverage: Commercial Property, MA Island Location (JM/Frame mix, $4.5M TIV)
Premium: $26,500
Account: MA Real Estate Schedule - Habitational & Commercial LRO (40+ locations)
Coverage: Admitted 15x10 Excess Liability
Premium: $12,500
Account: NY Municipality Upstate NY – Non-Operational Railroads Exposure
Coverage: Rail Liability $1M/$2M
Premium: $12,500
Account: NH EIFS, Stucco and Insulation Contractor (95% commercial)
Coverage: GL & $2M Excess Liab
Premium: $19,000
Account: MA Residential Roofing Contractor
Coverage: CPL including NODS, TPL, etc. $1M/$2M
Premium: $5,000
Allied Health/Nonprofit & Human Services:
Account: CT Assisted Living
Coverage: PLGL
Premium: $31,000
Account: VT Assisted Living Facility
Coverage: PLGL, Excess
Premium: $21,900
Account: PA Equine Compound Pharmaceutical
Coverage: PLGL $1M/$3M
Premium: $15,150
Account: MA Home Health Agency (Staff LTC Facilities)
Coverage: PLGL
Premium: $6,000
Executive Professional Liability:
Account: UT Healthcare
Coverage: EPLI
Premium: $14,000
Account: NJ Foundation
Coverage: D&O $1M/$1M
Premium: $1,040