Back To Terms Beginning With w
Working Layer
Typically subject to deductibles, self-insured retentions, and retrospective rating, this is the dollar range of an insurer's book of business that is anticipated to experience a fairly high loss frequency level. Many organizations can conduct actuarial forecasts to estimate expected losses during a specified period of time due to the significant loss frequency in the work layer.
Insurance Industry News from ProgramBusiness.com
Railroads to Home InspectorsIndustrial Coverage Corporation
http://www.programbusiness.com/tracking/sftracker.asp?Sfid=161.
We offer insurance products in the following areas for your clients needs.
Coverage is provided by AIG companies and we are brokers for them. This is not AIG's website.
AIG Private Client Group
Commercial Excess & Umbrella Program
Employment Practices Liability
Home Inspectors
Liquor Liability
Miscellaneous Professional Liability Program
Railroad Protective Liability Program
Worker's Compensation
All quotes are done via the Internet to keep our costs at minimum, so we can in return give you the quickest turnaround with the highest possible commissions. In most instances your quote will be released the same day, otherwise the next day. We do require loss runs before binding, and most billings are on a direct basis to your insured from the carrier. Although we also operate a retail brokerage, your accounts are precluded from any contact by that division, we stake our 40-year reputation on it! We know what is like to deal with wholesalers and are looking to make your experience with us the best yet. Just click on either the Workers Compensation or Commercial Umbrella link on the right side panel of this page. Just follow the online screens so we can gather the necessary information to issue a quote. Than just email us or fax us three years of loss runs and we will release a quote usually within 24 hrs. Workers comp accounts over $75,000 we will need 5years of loss runs along with payroll history for the same length of time. Workers compensation accounts over $75,000 will not be quoted in the same time frame as above.
For more information, visit our storefront at
http://www.programbusiness.com/tracking/sftracker.asp?Sfid=161.
Click for the whole story...