Allied American Underwriters (AAU Comp) of El Segundo, Calif., has a new furniture store program for franchised and non-franchised retail furniture stores. The coverage can include property, general liability, umbrella, workers’ compensation, employee benefits liability, stop gap liability, hired and non-owned liability, and employment practices liability insurance coverages.
This furniture program has limits of up to $25 million available, with virtually unlimited capacity for excess/umbrella. This coverage is available in all states except for Florida, Hawaii, Louisiana and Mississippi.
Furniture store program enhancements include property enhancement endorsements, building ordinance, equipment breakdown coverage, utility services direct damage, utility services time element, signs, computer coverage, money & securities, employee dishonesty, forgery, accounts receivable, valuable papers, earthquake, and identity recovery coverage.
AAU Comp, which launched in July 2009, is a subsidiary of USG Holdings. This location is one of 14 USG offices,nationwide, offering solutions for difficult to place commercial insurance coverages. This move is the most recent change that USG has implemented in its plan to expand operations nationwide and continue to provide solutions for the risk management industry.
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