●
K.C.I. is pleased to announce that they have just
negotiated a 19 month deal on the self-insured Workers Compensation
program called PETRO (Pennsylvania Elite Transportation Risk
Organization) to continue to provide coverage from June 1, 2007
until January, 1 2009. The rates are approximately 40% below the
current SWIF rates. The membership has approved nearly $1,400,000 in
dividends to be made payable to the ,members in 2007. There are
currently almost 30 transportation companies in the group with total
payrolls exceeding $140,000,000.
●
K.C.I. is also proud to announce that they have negotiated a 19
monthly deal on their Auto Liability program called ETRRG (Elite
Transportation Risk Retention Group). this will continue to provide
coverage from June 1, 2007 to January 1, 2009. ELITE currently has
the membership of 12 transportation companies and approximately 1500
power units. The combined loss ratio for the past two years is 33%,
which will also provide significant dividends to its members. ELITE
can write Policy Limits from $1,000,000 up to $5,000,000 with
Deductible levels from $1,000 to $250,000.
● K.C.I. just wrote a large Excess Auto policy for
a trucking company with over 2,500 power units. Also KCI’s insurance
premiums written now exceed $60,000,000.00.
Special Thanks:
K.C.I. wants to extend a special thanks to all
of our clients and colleagues for all of their support. Without you
we would not be as successful as we are.
New
Services:
A new company, EPIC Intermediaries, Inc. was
formed to provide reinsurance and solutions for self insured
programs.
Featured in Print:
K.C.I. was honored to be the cover story in
the October 2006 issue of Rough Notes Magazine.
Click here for the article.
F.T. Silfies Inc.
Joins Pennsylvania Elite Transportation Risk Organization Trust
Click
here for the Article