A structural warranty pays off for a Nevada home builder.

A great story from ISG’s warranty partner, 2-10 HBW! A custom home builder, building million dollar homes in Nevada, always conducted an independent geotechnical investigation on the lots purchased from land developers.  After approximately four claim-free years, the builder received a claim on two of the homes built, only eighteen months after being constructed. One … Continue Reading

AmTrust Releases Third-Quarter Financial Reports (ISG’s GL Carrier)

ISG is proud to share the positive financial highlights that AmTrust Financial released for Third Quarter 2012.  When all writing companies are included, policy holder surplus has reached $1.1 billion. AmTrust’s AM Best rating would fall into the ‘XII’ category if the entire surplus amount was taken into consideration during the rating process.  According to … Continue Reading

California named top ‘judicial hellhole’ for 2012

BusinessInsurance.com released an article on December 13, 2012 stating the California Civil courts have topped the American Tort Reform Association’s list of ‘judicial hellholes.’  The Association’s annual report notes “abuses of the civil justice system” in jurisdictions that “are among the most “unfair and out-of-balance in the nation.” Per the report’s executive summary, “California is … Continue Reading

Tropical Storm Isaac – Property Moratorium

Effective immediately and at least through Thursday, 8-30-12, a moratorium is imposed for builders risk new business, or increases in values for existing accounts, in Tier 1 and 2 Counties of Louisiana and Mississippi and Tier 1 Counties in Alabama. Please contact ISG Underwriting with any specific questions or concerns. Alabama Tier 1 :  Baldwin, … Continue Reading

APP Pay-as-you-Sell Project and Wrap Policies

APP Pay-as-you-Sell Project and Wrap Policies While the residential and commercial construction market is improving, residential builders, developers and small commercial contractors (“Contractors”) continue face the challenge of determining the most favorable time to proceed with construction starts and in determining the length of time between the completion and sale of homes.  In response to … Continue Reading

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