LIG Introduces New Liability Rating Program

Wednesday, July 26, 2006
LIG Marine Managers released its new On Line Marine GL and Maritime Employers Liability Rating Program, Thunderstorm, designed to provide instant service and quotes for a wide variety of marine related accounts. The program is designed for marine contractors, boat repairers, stevedores, terminal operators, wharfingers and related marine industries. The Thunderstorm Rating System will be expanded to other lines over the next six months as well. Minimum premium for the Marine GL Program is $25,000 when written monoline, and reduces to $10,000 when written with support business. Minimum premium for the Maritime Employers Liability (MEL) Program is $5,000.

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