business insurance News

CNA Enhances General Liability Coverage for CNA Paramount

CNA has enhanced package policy for mid-sized businesses, CNA Paramount, to offer broader, more flexible, proprietary general liability coverage. The new enhancement includes industry-specific general liability extension endorsements (GLEEs). Through these industry-specific GLEEs and CNA Paramount’s modular structure, agents can …

The Hanover Enhances General Liability, Umbrella Coverages for Business Clients

The Hanover Insurance Group, Inc. has launched an enhanced suite of general liability and umbrella coverage offerings for independent insurance agents to offer their business clients. These product enhancements include industry-specific and specialized coverage endorsements that can further extend coverage. …

NAS Insurance Services Enhances Cyber Liability Insurance Product

NAS Insurance Services, an underwriting manager of specialty insurance, has introduced its new suite of cyber liability insurance services to respond to the growing needs of businesses facing constant threats of privacy and security breaches. NAS has added enhancements to …

Zurich Introduces Property Coverage for Cloud-Dependent Companies

Zurich North America has introduced new property coverage for cloud-dependent, middle-market companies. As the new property coverage enhancement for companies is not location specific, Zurich now offers insurance coverage for the cyber risks of cloud computing as well as business …

AIG Launches Cross-Border Casualty Risk Product for Multinational Companies

American International Group, Inc. (AIG) has launched its Global Casualty Single Solution (GCSS), a new product to cover cross-border casualty risks for U.S.-based multinational companies. The product is designed for middle market businesses with up to $700 million in annual …

MHG Insurance Brokers Opens Office in Houston

MHG Insurance Brokers, a national brokerage in the United States specializing in life and health insurance for groups and individuals as well as business insurance, announced the opening of an office in Houston, Texas. The office is poised to serve …

Zurich Launches Side A D&O Coverage for Corporate Leaders in the U.S. and Abroad

Zurich has introduced a new Side A D&O policy that addresses the evolving litigation landscape and provides coverage for liability exposures in the global marketplace, including China, Brazil, Mexico, Japan and India. The new policy is now available for customers in …

Berkshire Specialty Introduces Business Crisis Event Cost Coverage

Berkshire Hathaway Specialty Insurance has introduced business crisis event cost coverage, which extends its casualty and healthcare lead umbrella policies to cover costs incurred to manage a business crisis, including the fees of a crisis management consulting firm. The new …

I.I.I. on Business Insurance Lessons Learned From Sandy

The difficulty many businesses had reopening after Superstorm Sandy is a reminder of the importance of having a disaster recovery plan and the right type and amount of insurance, according to the Insurance Information Institute (I.I.I.). The I.I.I. notes that …

Hiscox Adds Cyber Crime Protection for Small, Medium-Sized Businesses

Hiscox, the international specialist insurer, has added a new cyber crime protection endorsement to its technology privacy cyber portfolio. The cyber crime coverage option provides additional protection against growing exposures related to cyber crime connected to business bank accounts. “Technology …