s authority to write commercial non-residential multi-peril policies
per Florida statute 627.
SAFECO plans to make additional commercial insurance products -- including commercial automobile, workers' compensation and commercial multi-peril policies
-- available through ESP in 2003 and 2004.
That's because multi-peril policies
often contain a provision that totally excludes coverage for any loss more specifically described by another contract of insurance, then adds excess coverage back.
The legislation also authorizes Citizens to write multi-peril policies
in the high-risk account coverage areas.
That means, for example, residential homeowners with multi-peril policies
would likely get a statewide increase of 3.
the company mainly writes workers' compensation and commercial multi-peril policies
Also state-run, Citizens provides full wind, hurricane, and hail coverage to residential and commercial properties in the state and can now, per the reform legislation, provide multi-peril policies
in high-risk areas.
Mercer Mutual markets homeowners and commercial multi-peril policies
, as well as other liability, workers compensation, fire, allied, inland marine and commercial automobile coverages through approximately 160 independent agencies.