The American Equity Underwriters, Inc. has captive arrangements with several admitted carriers to offer state act coverage primarily as a companion policy to risks that place their Federal Acts coverage through The American Equity Underwriters (AEU). We also entertain risks with only incidental USL&H exposure. Our state act carriers are “A” rated by A.M. Best.
Coverages:
State Act Workers’ Compensation & Employers Liability
Plans Include:
- First dollar coverage
- Small deductible plans (where allowed by state)
Limits:
- Workers’ Compensation (Coverage A)
- Employers Liability (Coverage B)
- $1,000,000 Each Accident
- $1,000,000 Disease Each Employee
- $1,000,000 Disease Policy Limit
Requirements:
- ACORD Applications
- Experience Modifier Worksheet or other Bureau Report (if applicable)
- Currently valued loss runs (5 years preferred)
Availability:
All states (except monopolistic)
Advantage:
- Same TPA handling AEU and State Act losses eliminating jurisdictional issues
- Competitive rates
- Exceptional underwriting, claims handling and loss control services
- All premium sizes considered