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Producers Can Stop Passing on Risks & Start Writing Them with Prime Insurance Company

Prime Insurance Company is a solutions-based, opportunistic, and partner-based insurance carrier that provides creative and flexible coverage terms for any risk class. Our hands-on, partnership approach builds trusted relationships with clear communication and collaboration with producers, insureds…

California Pushes Back on NAIC Rebate-Friendly Amendments to Century-Old Model Act

Last December, the National Association of Insurance Commissioners (NAIC) adopted amendments to the Model Act. If enacted by individual states, these amendments will result in significant changes to anti-rebating laws that were first established in 1887…

Velocity Small Business from Vela Insurance Services

Vela’s Velocity Small Business team provides our broker partners another opportunity to place their business with Vela. This team is focused on providing insurance solutions for those small business operations with revenues up to two million that require Commercial General Liability for their Contracting or Products/Manufacturing & Service-Oriented exposures. Our broad appetite and knowledge of the small business sector combined with excellent customer service are a winning combination…

The Importance of Duty-to-Defend Language in Contracts

Parties to a construction or design contract can define their duties toward one another in the event a third-party claim arising out of the working relationship is brought against one or both. In many cases, the terms of this type of agreement will require one party to indemnify the other, for money paid or expenses incurred, as a result of such claims. They may also assign one party, pursuant to the contract’s language, to be held responsible for the other’s legal defense…

California Courts Address Insurance Coverage Issues Regarding Duty to Defend

Under California indemnity law, standard liability insurance policies provide that the insurer must both indemnify and defend the insured against claims within the scope of the policy coverage. Therefore, it’s standard practice…

Insurers Must Be More Precise When Drafting Exclusions

nsuring agreements can be very broad — often too broad. And while insurers use policy exclusions to effectively eliminate coverage for risks they are unwilling to insure, they may need to become even more precise when it comes to narrowing…

Experts Warn Brokers to Brace for an Influx of Pandemic-Related E&O Claims

In November 2020, attendees of the Professional Liability Underwriting Society’s virtual conference warned insurance brokers that due to pandemic-related factors, they should expect a substantial…

How Nautilus Insurance Delivers Swift, Simple, Solid Solutions

Today, more than ever, speed and simplicity rule, and customized service is the name of the game. When making decisions, engineering new products, or designing new services at Nautilus, we always start with the question…

Topa Premier Commercial Insurance (TPCI)

Topa Insurance Company is proud to share our newest BOP & CPP hybrid product, Topa Premier Commercial Insurance (TPCI). TPCI is admitted in California, offers competitive rates, and has a fast quote turn-around time…

Do You Know What Is In Your Producer Agreement? The Responsibility of Brokers

Producer agreements are comprehensive and complex documents that, among other things, outline the expected terms and conditions between a broker and an insurer. However, because there is no uniformity…

Taking a Risk Inventory During a Pandemic

2020 has changed everything.  We would be hard-pressed to find an industry that has not been met with significant challenges over the past nine months.  Insurance is no exception. Forget about the changes to your daily routine; this mass illness…

Investing in the Success of Our Partnerships

Prime Insurance Company is committed to helping our producers and insureds achieve success. First and foremost we are here when you need us. We provide customized solutions for Excess & Surplus (E&S) risks that include new…

Tim Carter Interview with The Voice of Insurance

The broad market turn, driving improved performance, tidying up back years and dealing Covid-19 are enough for most executives, but on top of all that this new leader’s company has had the fallout from an acrimonious public dispute…

California Supreme Court Allows Policies Within a Policy Period to Be Stacked Vertically

In early spring, a decision was handed down in the case of Montrose Chemical Corporation of California v. The Superior Court of Los Angeles County. The final ruling gave policyholders with long-tail environmental claims a potentially big triumph, allowing policies…

Insurance Careers: Top Skills for Success

Argo’s U.S. executive vice president and chief underwriting officer describe the most valuable skills for those working in the insurance industry…

Avoid Claims Pitfalls Related to 1099 Workers

Employers who hire 1099 independent workers should thoroughly check policy forms in order to avoid claims issues…

A Tale of Two Owners: When an Owners and Contractors Protective Policy Is Not Enough

Once upon a time, there were two brothers – John and Michael – who were both new to real estate development. They each purchased a parcel of vacant land next door…

Quiz: Match Your Skills to an Insurance Career

Looking for a career change? Find out if your interests and experience lend themselves to a role in an ever-changing industry. Insurance has evolved from a quill-and-ink shipping market to a cosmopolitan…

Ride Cancelled – Uber and Lyft Dealt Blow at Appellate Court Level

By now, you should be well aware of the battles between Uber/Lyft and the State of California regarding the classification of the drivers working for these ride-hailing companies. The battle centers on…

AB5 Classification Lawsuits on the Rise in California

In September 2019, California Gov. Gavin Newsom signed Assembly Bill 5 (AB5) into law. The new state law, which took effect in January, requires employers to classify gig economy workers as full-time employees…

Tough Insurance Market Requires Strong Carrier Partnerships

To effectively navigate today’s market, producers require a carrier partner committed to transparency, communication, meticulous and flexible underwriting, and robust claims defense – all hallmarks of Prime Insurance Company’s 40-year success…

Welcome to the CIWA Blog!

We’re happy to have you here with us ☺ Whether you’re a member or a guest, we hope you find the upcoming blog posts to be informative, timely, and valuable to your business.