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Reasons your builder needs the Asset Protection Program

1. Broad Form ISO CGL policy with no endorsed limitations for work performed by a subcontractor on behalf of the insured. 2. Primary Limits up to 5/5/5. 3. Annual Practice and Multi-year Project & Wrap policies with Extended Completed Operations Coverage. 4. Coverage available for Single Family, Multi-Family (Fee Simple and Condo), Mixed Use and Small Commercial for foundation values up to … Continue Reading

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ISG Builders Risk Program Adopts ISO-based Coverage Forms & Endorsements

Effective July1, 2014, ISG has adopted ISO-based coverage forms and endorsements for all builders risk policies.  Our previous AAIS-based forms will be discontinued.  Policies will continue to be issued on AXIS’s “A XV” paper.  ISG’s builders will continue to enjoy broad coverage under the program with substantially similar forms.  The ISO coverage form provides coverage enhancements. … Continue Reading

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ISG Increases Available General Liability Limits to $5M / $5M / $5M

ISG can now offer primary GL limits up to $5M / $5M / $5M to our residential and light commercial builder clients.  The higher limits can be provided on Practice, Project or Project-Wrap policies and are offered on admitted and non-admitted placements.  The increased primary limits are in response to a continuing improvement in the … Continue Reading

ISG hosts “Contracts 101” educational event with Greater Atlanta Home Builders Association

Do you know how to avoid exposure to litigation as a builder? Event Registration Form Construction Defect liabilities are TORT losses (ie, civil litigation; negligence; lawyers; time; expense; uncertain outcomes) by definition because of the ambiguous Implied Warranty Laws in Georgia (most states have implied warranty laws; meaning a builder impliedly warrants a home free … Continue Reading

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AmTrust “A” (Excellent) rating reaffirmed by A.M. Best; Financial Size Category increased to “X”

Insurance Specialty Group’s General Liability insurer is AmTrust Financial Services.  ISG and AmTrust are proud to announce that following a recent annual review by A.M. Best, AmTrust’s “A” (Excellent) rating has been reaffirmed, signifying a stable outlook. Additionally, their Financial Size Category was increased from “IX” to “X,” which designates surplus between $500 million and $750 million. Here are a few … Continue Reading

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