Commercial Marine Companies
Offered by The American Equity Underwriters, Inc.
USL&H Marine MEL Marine Workers Comp Marine ContractorsDescription
The American Equity Underwriters, Inc. (AEU) is the program administrator of the American Longshore Mutual Association Ltd (ALMA), a group self-insurance fund authorized by the U.S. Department of Labor to provide USL&H coverage for the liabilities of its members under the United States Longshore & Harbor Workers’ Compensation Act.Â
Shipbuilders, ship repairers, marine terminal operators, stevedores, marine contractors and other waterfront employers may apply for ALMA membership through their insurance broker. Â
Coverage
- United States Longshore & Harbor Workers’ Compensation Act
- Defense Base Act
- Outer Continental Shelf Lands Act
- Nonappropriated Fund Instrumentalities Act
Plans Include
- First Dollar
- Single and Multi-year Programs
- Loss-Sensitive Plans
- Deductible
- Excess Over Qualified Self-Insurance
Limits
- Federal Acts: Statutory
- Employer’s Liability: $1,000,000
Target Classes
A minimum of 10% of the company’s payroll must be USL&H exposure (unless incidental-only)Â
- Ship Builders
- Stevedores
- Terminal Operators
- Barge Repairers
- Marine Construction
- Ship Repairers
- Steamship Agents
- Luxury Yacht Builders
- Coal Docks
- Offshore Industries
The below preferred classes may also have USL&H (possibly incidental-only) exposure:
- Heating and A/C Contractors
- Engine Repair
- Fire Extinguisher Servicing
- Sheet Metal Work
- Architects and Engineers
- Refrigeration Repair
- Pest Control
- Carpentry
- Electricians
- Welders
- Painters
- Wallboard Installation
- Communications Repair
- Crane Installations and Repair
- Concrete/Cement Work
Details
Carrier Information
American Longshore Mutual Association
Rating Not required; U.S. Department of Labor Approved
Listing Contact
Marketing Department
Offered By
Availability 50 states + DC
Covered
Not Covered
