O
OOIDA Risk Retention
Group Inc.
Vermont Insurance Management Inc., P.O. Box 306, Montpelier,
Vt. 05601; 802-229-5042
Domicile: Vermont.
Risks: Truckers auto liability.
Limits: $750,000 primary and/or $1 million excess.
Policy form: Occurrence.
Access: Direct.
First policy: December 1995.
1996 premium volume: $855,765.
1996 assets: $1.4 million.
1996 capital/surplus: $1.1 million.
Policyholders: 198 in 1996; 276 estimated in 1997.
Membership: Owner-Operator Independent Drivers Assn.
Contact: Edward E. Meehan.
Oil Casualty Insurance Ltd.
Oil Management Services Ltd., Ace Building, 30 Woodbourne Ave., Pembroke HM 08, Bermuda; 441-295-0905
Domicile: Bermuda.
Risks: Umbrella general liability, D&O liability.
Limits: Umbrella general liability: $100 million excess of $20 million (non U.S.), $50 million (U.S.); D&O liability: $50 million excess of $25 million.
Policy form: Claims-made.
Access: Bermuda brokers, direct.
First policy: June 1986.
1996 premium volume: $42.2 million.
1996 assets: $436.9 million.
1996 capital/surplus: $386.9 million.
Policyholders: 66 in 1996; 66 estimated in 1997.
Membership: Energy industry.
Contact: Jon R. King.
Oil Insurance Ltd.
Oil Management Services Ltd.,
Ace Building, 30 Woodbourne Ave., Pembroke HM 08, Bermuda; 441-295-0905
Domicile: Bermuda.
Risks: Property, well control, pollution liability, marine hulls.
Limits: Up to $225 million per occurrence/$450 million annual aggregate excess of a minimum of $5 million.
Minimum retention: $5 million.
Policy form: Occurrence.
Access: Bermuda brokers, direct.
First policy: January 1972.
1996 premium volume: $101.7 million.
1996 assets: $2.3 billion.
1996 capital/surplus: $1.7 billion.
Policyholders: 44 in 1996; 45 estimated in 1997.
Membership: Petroleum industry.
Contact: Jon R. King.
Ophthalmic Mutual
Insurance Co. (A Risk
Retention Group)
J&H Marsh & McLennan, 655 Beach St., San Francisco, Calif. 94109-1336; 415-771-1002
Domicile: Vermont.
Risks: Medical professional and general liability.
Limits: Minimum: $500,000 per occurrence/$1,500,000 aggregate; maximum: $5 million per occurrence/$10 million aggregate.
Policy form: Claims-made.
Access: Direct, broker access under limited cirmustances.
First policy: October 1987.
1996 premium volume: $13.1 million.
1996 assets: $46.5 million.
1996 capital/surplus: $15.1 million.
Policyholders: 1,700 in 1996; 1,750 estimated in 1997.
Membership: American Academy of Ophthalmology.
Contact: James F. Holzer.