Agent News

Fourth Quarter 2015

What 3CU Has Written Recently

Written-collageAt Third Coast Underwriters (3CU), our customers are our top priority. Because we specialize in addressing complex operations and challenging exposures, we know the importance of developing unique workers’ compensation solutions. The list below illustrates the varied mix of accounts we have written recently within our core segments. Let us help you deliver successful outcomes for your customers today. For more information, visit 3CU.com, email info@3CU.com or call 866-641-2328.

CONSTRUCTION
Account Type Written Premium
Automatic Sprinkler Installation & Drivers
Boiler Installation or Repair
Burglar Alarm Installation or Repair
Carpentry
Concrete or Cement Work
Concrete Construction
Conduit Construction
Construction or Agricultural Machinery
Construction – Permanent Yard
Contractor – Executive Supervisor or
Construction Superintendent
Door Erection
Electrical Wiring – Within Buildings & Drivers
Elevator Erection or Repair
Excavation
Flooring
Gas Main or Connection Construction & Drivers
HVAC & Refrigeration
Iron or Steel Erection
Lumberyard New Materials Only
Machinery or Equipment Erection or Repair
Masonry
Mobile Crane and Hoisting Service Contractors
Painting or Paperhanging
Papercoating
Plumbing
Quarry
Railroad Construction
Rigging
Roofing
Shaft Sinking
Sheet Metal Work
Street or Road Construction – Paving or Repaving
Wallboard Installation within Buildings
$152,100 – $173,400
$152,300 – $279,800
$212,300
$184,400 – $1,180,900
$151,300 – $505,800
$160,900 – $1,649,100
$237,300 – $353,600
$406,600
$190,700
$166,900 – $326,300$171,000
$155,500 – $588,300
$162,600 – $410,000
$163,400 – $301,700
$283,500
$399,800
$150,000 – $406,000
$159,400 – $825,600
$565,100 – $958,000
$166,900 – $689,200
$157,100 – $613,300
$154,000 – $253,200
$159,000 – $495,400
$380,300
$152,800 – $490,500
$369,200
$210,500 – $324,900
$535,700
$250,000 – $614,700
$442,100
$165,300
$218,200 – $453,400
$294,300 – $602,500
EMERGING TECHNOLOGIES
Account Type Written Premium
Iron or Steel Fabrication
Scrap Metal Recycling/Dealers
$253,900
$187,700 – $1,775,500
ENERGY and LONGSHORE
Account Type Written Premium
Boat Building and Repair
Electric Light or Power Line Construction
Oil or Gas Lease Work – Contractors & Drivers
Oil or Gas Pipeline – Construction & Drivers
Oil or Gas Pipeline – Operation & Drivers
Oil or Gas Well: Instrument Logging or Survey Work
Oil Still Erection or Repair
$351,800
$219,300 – $444,700
$161,900 – $576,700
$194,800 – $985,500
$194,800
$322,700 – $347,300
$293,800
MERGERS AND ACQUISITIONS
Account Type Written Premium
Boilermaking
Painting: Shop Only
Restaurant
Rubber Goods Manufacturing
Store – Wholesale
$266,800 – $674,500
$785,900
$247,900 – $256,300
$590,000
$172,200 – $797,700
TRANSPORTATION
Account Type Written Premium
Ambulance Services and EMS
Automobile Towing Company
Beer or Ale Dealer – Wholesale & Drivers
Bus Company
Garbage Collection and Drivers
Garbage Works
Oxygen or Hydrogen Manufacturing and Drivers
Machinery Dealer
Storage Warehouse
Street Cleaning
Trucking – All Employees and Drivers
Trucking – Long Distance Hauling
Trucking – Mail Parcel or Package Delivery
Trucking – Oil Field Equipment
Vending or Coin-Operated Machines
$247,500 – $747,500
$256,700 – $910,000
$225,300 – $1,307,600
$337,400
$213,200 – $527,200
$344,600
$161,600
$249,000
$178,100 – $354,200
$369,800 – $445,200
$160,900 – $1,580,700
$549,300 – $1,136,500
$548,800 – $625,500
$152,700 – $165,800
$501,700 – $1,096,100
Third Coast Underwriters Recognized on 2015 “Best Places to Work in Insurance” List

Business-Man-Arms-CrossedWe’re proud to announce that Accident Fund Holdings, Inc. – which includes Third Coast Underwriters and our three related brands (Accident Fund, CompWest, and United Heartland) – has been named to Business Insurance magazine’s list of Best Places to Work in Insurance in 2015. The 2015 results ranked Accident Fund Holdings second within the large employer category and third among all insurers.

Accident Fund Holdings and its brands have an excellent reputation for creating a positive workplace culture focused on open communication and a commitment to inclusion and innovation. This atmosphere encourages employees to work hard and best serve our agents and policyholders.

Business Insurance launched the Best Places to Work in Insurance program in 2009 to identify and recognize high-quality employers in the commercial insurance industry and honor them for creating workplaces that encourage employees to thrive. The program, and subsequent recognition by Business Insurance and Best Companies Group, an independent workplace excellence research firm, is very prestigious within the insurance industry.

We were excited to see several of our agency partners make the list as well. Congratulations to the following for their Best Places to Work recognition:

  • Assurance Agency, Ltd.
  • Holmes Murphy & Associates
  • Hylant Group, Inc.
  • J. Smith Lanier & Co.
  • Lockton Companies, LLC
  • Kapnick Insurance Group

We are proud to once again be considered among the Best Places to Work in Insurance and pleased to share this recognition with our agency partners.

3CU’s Continued Expansion

3cu_expansion_mapFor 3CU, growing our presence in the Gulf region has been a top priority since our inception. And to build on the success we’ve achieved there, we recently announced plans to expand into Oklahoma. To help us accomplish this strategy successfully, we’re excited to announce the hiring of Michael Gallien, who will serve as a new underwriting resource for the states of Texas and Oklahoma.

Based in San Antonio, Texas, Michael brings nine years of experience in the insurance industry, including years of experience as a producer and case manager in addition to his experience as an underwriter. This broad experience gives him a well-rounded understanding of the industry and a strong record of building and maintaining relationships.

Together with Business Development Regional Director Bob Hamilton, Loss Control Manager David Brandolino, Senior Business Development Specialist Johnny Clebert, Senior Loss Control Specialist Mike Humble, and Senior Claims Representative Kristin Shortess, this team will help 3CU penetrate into these key states even further with their on-the-ground presence. We look forward to continued growth and development of relationships with new agents and customers in these areas, while we continue to deliver exceptional outcomes and service to our clients.

Utilizing First Notice of Loss Feature for Claim Reporting

hardhat_worker_injuredWhen an injury occurs, our goal is to make the claim reporting and handling process as easy and efficient as possible for policyholders. Because we’re committed to quick resolutions, we offer an electronic First Notice of Loss (“FNOL”) reporting form on our securepolicyholder website. Utilizing this form provides ease for our customers by automatically uploading their company information and accelerates the claims process by immediately notifying the claims examiner.

We encourage you to inform your Third Coast Underwriters customers of this functionality so they know the most expedient way to report a claim, should an accident or injury occur. If they don’t know how to log into our secure policyholder site, they should contact their Loss Control Consultant or our Help Desk at 866-641-2328.

3CU Claims Dashboard: Bringing Our RMIS 411 System to the forefront of insured’s minds

3CU-DashboardLife is busy and so are your clients. We’d like to bring risk management to the forefront of their busy minds through our new quarterly Claims Dashboard reports. Emailed quarterly, these reports will highlight items we’ve noticed as key indicators for risk management, such as:

  • Claims and loss performance data
  • Claims greater than 10K
  • Top causes of loss
  • Report lag time

As a reminder, this information is always available to you and to your policyholder through our RMIS 411 system. While some customers use RMIS very regularly, they’re in the minority. By providing a quarterly snapshot in their inbox, we hope to increase the number of policyholders using this great system, or at a minimum, put the most pertinent information in front of them so they are able to see a quick snapshot of risk management data – before they become large issues and losses.

We will be sending the first set of Claims Dashboards to you in the mail in advance of sending these to policyholders; to ensure you are in-the-know with your clients should they have any questions. We think this is a great value-added to show our commitment to great claims, loss control and keeping our promises in being a true partner in risk management.

Legislative Update

Legislative Update is a brief synopsis of relevant legislative activity currently taking place in 3CU core and accommodation states. For more details or further documentation on any of these legislative activities, contact your business development consultant.

Federal

NCOIL Panel to Examine Workers’ Compensation Opt-Out Approaches

The National Conference of Insurance Legislators’ (NCOIL) Workers’ Compensation Insurance Committee has decided to investigate workers’ compensation opt-in/opt-out approaches in Texas and Oklahoma, which are being considered by other state lawmakers. Panel Chair and North Dakota State Senator Tom Klein said that the Texas and Oklahoma systems raise questions about protections for injured workers. As previously communicated, Accident Fund Holdings, Inc. will oppose opt-out initiatives wherever introduced. We feel opt-out systems put injured worker quality of care at risk as well as initiate cost shifting to federal and state programs.

State

Illinois

Workers’ Compensation Litigation

Of related interest is the recent Folta v. Ferro Engineering decision by the Illinois Supreme Court. This decision overturned an adverse appellate court decision and sustained the exclusive remedy doctrine where the employee was time-bared from asserting a claim under Illinois’ occupational disease statute, even though the disease did not manifest until after the right to bring an action had expired. Although the majority of the court, in its 4-2 decision, recognized the harsh result to a survivor of an employee, now deceased, unable to recover only because his occupational disease did not manifest during the 25-year statute of repose, it validated the policy of such a provision by providing some degree of certainty to liability exposure for long-latency diseases. We should expect legislation that would reverse the effect of this decision to be introduced into the legislature in 2016.

Workers’ Compensation Legislative Update

There has been little substantive progress in the standoff between Governor Bruce Rauner (R) and Democrat legislators over resolution of the state’s budget and related business reforms. The industry remains engaged with staff from the governor’s office and legislators; continuing to recommend prescription drug reforms, a Medicare-based fee schedule and chiropractic care reforms.

Disclaimer of Liability

This document is provided for informational purposes only and does not constitute legal advice. This information is subject to change. Every effort is made to provide accurate and complete information in Accident Fund Holding’s Legislative Update. However, Accident Fund Holdings makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the contents of the Update and expressly disclaims liability for errors and omissions in the contents of this newsletter.

All content within the Legislative Update is the property of Accident Fund Holdings, Inc., unless otherwise stated. All rights are reserved. No part of the Update may be reproduced, transmitted or copied in any form or by any means without the prior written consent of Accident Fund Holdings.

Construction
Account Type Written Premium
Automatic Sprinkler Installation & Drivers
Boiler Installation or Repair
Burglar Alarm Installation or Repair
Carpentry
Concrete or Cement Work
Concrete Construction
Conduit Construction
Construction or Agricultural Machinery
Construction – Permanent Yard
Contractor – Executive Supervisor or
Construction Superintendent
Door Erection
Electrical Wiring – Within Buildings & Drivers
Elevator Erection or Repair
Excavation
Flooring
Gas Main or Connection Construction & Drivers
HVAC & Refrigeration
Iron or Steel Erection
Lumberyard New Materials Only
Machinery or Equipment Erection or Repair
Masonry
Mobile Crane and Hoisting Service Contractors
Painting or Paperhanging
Papercoating
Plumbing
Quarry
Railroad Construction
Rigging
Roofing
Shaft Sinking
Sheet Metal Work
Street or Road Construction – Paving or Repaving
Wallboard Installation within Buildings
$152,100 – $173,400
$152,300 – $279,800
$212,300
$184,400 – $1,180,900
$151,300 – $505,800
$160,900 – $1,649,100
$237,300 – $353,600
$406,600
$190,700
$166,900 – $326,300$171,000
$155,500 – $588,300
$162,600 – $410,000
$163,400 – $301,700
$283,500
$399,800
$150,000 – $406,000
$159,400 – $825,600
$565,100 – $958,000
$166,900 – $689,200
$157,100 – $613,300
$154,000 – $253,200
$159,000 – $495,400
$380,300
$152,800 – $490,500
$369,200
$210,500 – $324,900
$535,700
$250,000 – $614,700
$442,100
$165,300
$218,200 – $453,400
$294,300 – $602,500

How Can 3CU Deliver Successful Outcomes for Your Customers?

At Third Coast Underwriters (3CU), our customers are our top priority. Because we specialize in addressing complex operations and challenging exposures, we know the importance of developing unique workers’ compensation solutions. Let us help you today. For more information, visit 3CU.com, email info@3CU.com or call 866-641-2328.

Emerging Technologies
Account Type Written Premium
Iron or Steel Fabrication
Scrap Metal Recycling/Dealers
$253,900
$187,700 – $1,775,500

How Can 3CU Deliver Successful Outcomes for Your Customers?

At Third Coast Underwriters (3CU), our customers are our top priority. Because we specialize in addressing complex operations and challenging exposures, we know the importance of developing unique workers’ compensation solutions. Let us help you today. For more information, visit 3CU.com, email info@3CU.com or call 866-641-2328.

Energy & Longshore
Account Type Written Premium
Boat Building and Repair
Electric Light or Power Line Construction
Oil or Gas Lease Work – Contractors & Drivers
Oil or Gas Pipeline – Construction & Drivers
Oil or Gas Pipeline – Operation & Drivers
Oil or Gas Well: Instrument Logging or Survey Work
Oil Still Erection or Repair
$351,800
$219,300 – $444,700
$161,900 – $576,700
$194,800 – $985,500
$194,800
$322,700 – $347,300
$293,800

How Can 3CU Deliver Successful Outcomes for Your Customers?

At Third Coast Underwriters (3CU), our customers are our top priority. Because we specialize in addressing complex operations and challenging exposures, we know the importance of developing unique workers’ compensation solutions. Let us help you today. For more information, visit 3CU.com, email info@3CU.com or call 866-641-2328.

Mergers & Acquisitions
Account Type Written Premium
Boilermaking
Painting: Shop Only
Restaurant
Rubber Goods Manufacturing
Store – Wholesale
$266,800 – $674,500
$785,900
$247,900 – $256,300
$590,000
$172,200 – $797,700

How Can 3CU Deliver Successful Outcomes for Your Customers?

At Third Coast Underwriters (3CU), our customers are our top priority. Because we specialize in addressing complex operations and challenging exposures, we know the importance of developing unique workers’ compensation solutions. Let us help you today. For more information, visit 3CU.com, email info@3CU.com or call 866-641-2328.

Transportation
Account Type Written Premium
Ambulance Services and EMS
Automobile Towing Company
Beer or Ale Dealer – Wholesale & Drivers
Bus Company
Garbage Collection and Drivers
Garbage Works
Oxygen or Hydrogen Manufacturing and Drivers
Machinery Dealer
Storage Warehouse
Street Cleaning
Trucking – All Employees and Drivers
Trucking – Long Distance Hauling
Trucking – Mail Parcel or Package Delivery
Trucking – Oil Field Equipment
Vending or Coin-Operated Machines
$247,500 – $747,500
$256,700 – $910,000
$225,300 – $1,307,600
$337,400
$213,200 – $527,200
$344,600
$161,600
$249,000
$178,100 – $354,200
$369,800 – $445,200
$160,900 – $1,580,700
$549,300 – $1,136,500
$548,800 – $625,500
$152,700 – $165,800
$501,700 – $1,096,100

How Can 3CU Deliver Successful Outcomes for Your Customers?

At Third Coast Underwriters (3CU), our customers are our top priority. Because we specialize in addressing complex operations and challenging exposures, we know the importance of developing unique workers’ compensation solutions. Let us help you today. For more information, visit 3CU.com, email info@3CU.com or call 866-641-2328.