Author Archives: arcAdmin
Understanding How Insurance Covers Fraudulent Wire Transfers
Originally published on November 14, 2019 by Chris Quirk Fraudulent wire transfers are an unfortunate reality in today’s business world, and as a result, many companies are now turning to insurance to help protect against these losses. The good news is that fraudulent wire transfers can be insured and the coverage is readily available at […]
The Hammer Clause – What Is It and When Is It Important?
Originally published on July 30, 2020 by Chris Quirk What is the Hammer Clause? The hammer clause is a coverage condition found in many management and professional liability policies. It works to cap the liability of the Insurance Company in the event that plaintiff offers you a settlement, but you reject it and continue defending. […]
Understanding How Preambles Affect Insurance Policies
Originally published on October 12, 2019 by Chris Quirk What are Preambles? Preambles are the clauses in a policy that determine the scope of coverage being provided or excluded. In Executive & Professional Liability policies, they are often the most important clauses in the whole document. More money has been paid or denied to insureds […]
Understanding Retro, Continuity, Pending and Prior Dates
Originally published on August 31, 2019 by Chris Quirk Retro/Continuity/Pending and Prior Dates – What Are They? These dates are your policy’s way of enforcing the basic principle of insurance that you cannot insure a known loss. In the insurance world, there is a common saying: ““you cannot buy fire insurance on a burning building.” […]
Our 2023 Scentsy Buddy Drive Donation Was a Success!
Again, another successful year for the Scentsy Buddy Donation! Robin Valerio from our Mid-Atlantic office spearheads an annual drive to collect Scentsy Buddies for children in the hospital. This year we reached our goal and were able to collect 300 buddies for the children at St. Christopher’s Hospital of Philadelphia.
Justin Kudler Joins ARC as Vice President/Senior Claims Counsel
ARC Excess & Surplus, LLC is pleased to announce that Justin Kudler has joined the Company as Vice President/Senior Claims Counsel in the Claims Advocacy Group. Justin comes to ARC with a significant D&O background and a strong concentration in handling Securities Claims. Justin will be working with clients and insurers to achieve a favorable […]
Maria Treglia Named Chief Marketing Officer of ARC Excess & Surplus
ARC Excess & Surplus, LLC is pleased to announce that Maria Treglia has been named Chief Marketing Officer effective immediately. As Chief Marketing Officer, Maria will help lead ARC’s marketing efforts across all ARC Companies where she will coordinate with our brokers to increase ARC’s visibility in the marketplace. Maria will be responsible for ARC’s […]
Supporting the Children’s Hospital of Philadelphia
To say this year’s donation to the Children’s Hospital of Philadelphia (CHOP) was a significant success is an understatement. My team and I were able to collect 256 buddies! I cannot begin to express how grateful I am to work with such giving and kind people! You never cease to amaze me! This was the […]
Supporting Breast Cancer Awareness with Pink Aid
October is a month for promoting breast cancer awareness, giving our support in various ways, and encouraging individuals to take the time to make those important screening appointments. This year, in addition to donating $1,500 to Pink Aid, ARC has also donated an auction item for Pinkchella. Pink Aid provides compassionate support, critical resources, and […]
Professional Risk Facilities & Vault Announce Underwriting Partnership
FOR IMMEDIATE RELEASE [JERICHO, NY, SEPTEMBER 12, 2022] – Professional Risk Facilities (“PRF”) and Vault Commercial (“Vault”) today announced a partnership (the “Program”) whereby PRF, acting as a managing general agent (“MGA”), will be underwriting management and professional liability insurance coverages on behalf of Vault E&S Insurance Company for directors & officers liability (D&O), employment […]
