endorsements News

Berkshire Hathaway Specialty Launches Consolidated Endorsement for Contractors

Berkshire Hathaway Specialty Insurance (BHSI) has introduced a consolidated insurance endorsement which combines numerous primary general liability coverage enhancements in a single product designed expressly for construction wrap ups and project-specific programs. The new endorsement allows for a clear-cut description …

ACE Recreational Marine Introduces Policy Discount for Safety-Concious Boat Owners

ACE Recreational Marine, a nationwide recreational marine insurance provider and part of ACE Group, has introduced an optional endorsement that waives coverage for storm surge damage for those boat owners who are willing to move their vessels out of harm’s …

Ironshore’s U.S. Energy Unit Launches Endorsements for Upstream Risks

The Energy Unit of Ironshore’s U.S. Specialty Casualty unit is now offering enhanced insurance coverage endorsements for upstream energy risks as part of its ExcessProtect Plus Energy Commercial Excess Liability policy.  The suite of endorsements provides insurance coverage for energy …

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 …

Travelers Adds Endorsements to MedFirst Policy for Medical Technology Industry

To fill in the potential coverage gaps not covered by a traditional general liability policy, Travelers has introduced MedFirst Plus, four new coverage endorsements to its MedFirst policy for the medical technology and device industry. The new Travelers MedFirst Plus …

Will Wind/Hail Cosmetic Damage Exclusion Endorsements Become the Norm?

Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to use new endorsements, one for homeowners and another for commercial roofs, that are becoming available. The two organizations that standardize …

AAIS, IDentity 911 Release Sample Data Breach Endorsement

Insurers now have access to a new sample endorsement they can use to provide “data breach” coverage to small- and mid-sized commercial accounts. The American Association of Insurance Services (AAIS) has released the sample endorsement under its business owners program …

Chubb Launches Cyber Endorsement Addressing Bank Account Takeover Frauds

The Chubb Group of Insurance Companies has launched a new endorsement to help protect community banks from a more than three-fold increase in fraudulent online commercial transactions. The new endorsement to the ForeFront Security by Chubb Community Bank Bond expands …

Markel Adds DataBreach Mitigation to Management Liability Policies

Markel is now offering DataBreach Mitigation coverage for its management liability product line. The policy includes a sublimit for PR expense coverage, notification and related legal expenses, and voluntary credit monitoring. This coverage extension is offered by Markel on an …

ACE USA’s Excess Casualty Unit Expands Catastrophe Management Coverage

ACE USA, the U.S.-based retail operations of the ACE Group, has expanded its catastrophe management insurance products with the introduction of the ACE Cat Management 2.5 endorsement by its ACE Excess Casualty Unit. This endorsement is designed to supplement ACE’s …