California named top ‘judicial hellhole’ for 2012 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

Audits for Non-Admitted GL Policies

Premium audits on admitted policies are being conducted by AmTrust at no charge to our insureds.  The information below does not impact admitted policies. Overland Solutions Inc. will conduct premium and risk management audits for all non-admitted policies at no cost to the insured.  This process will begin with all policies expiring after July 2012.  Insureds will be contact by … Continue Reading

US builder confidence ticks up to 5-year high

As published by the Atlanta Journal Constitution… The confidence of U.S. builders has risen seven of the past nine months and has reached a five-year high.  Many continue to take this as a sign that the housing market shows continued improvement.  June’s builder sentiment index (from the National Association of Home Builders/Wells Fargo) hit a reading … Continue Reading

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