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P&C Updates - December 14, 2021
AIG / Sports & Leisure
AIG Companies received approval for their new Sports and Leisure Commercial Package Program effective January 1, 2022. This product is designed for amateur sports and recreational risks such as activity and social clubs. Coverages include Commercial Auto, Crime, General Liability, Property and Inland Marine. Rates were developed based on similar coverage offered by National Casualty Company.
(Fees may apply)
Accredited / Entertainment
Accredited Surety and Casualty Company introduced their new Entertainment, Leisure, and Sports General Liability Program effective December 2021 in Indiana. This product will be administered by Renaissance Specialty Insurance, LLC.
(Fees may apply)
Education / American Dream
The Education Insurance Corporation of Illinois introduced their new American Dream Insurance Program effective November 2021. This product provides a guarantee that the investment students make in college education will pay off.
(Fees may apply)
Berkley / Condo Association
StarNet Insurance Company introduced their new Association & Community Excellence Commercial Package Program, designed for Condominium Associations, effective December 1, 2021 in Illinois. This product offers coverage for Commercial Property, General Liability and Crime.
(Fees may apply)